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Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic and financial health in the future.
NEW YORK (Reuters) - Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril next week.
WASHINGTON -- Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week.
Nov. 27 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said a “strong case” can be made for keeping the central bank involved in bank supervision, and subjecting interest rate policy to congressional audits may undermine confidence in monetary policy.
Nov. 27 (Bloomberg) -- Mark Pittman , the award-winning investigative reporter whose fight to open the Federal Reserve to more scrutiny led Bloomberg News to sue the central bank and win, died Wednesday in Yonkers, New York. He was 52.
Nov. 27 (Bloomberg) -- American International Group Inc. ’s draw on a Federal Reserve credit line climbed for a second straight week, reaching the highest in six months.
Nov. 27 (Bloomberg) -- The U.S. Treasury and the Federal Reserve gave U.S. financial companies six more months to comply with rules intended to limit the use of payment systems for Internet gambling.
-- TUESDAY, Dec. 1 WASHINGTON - National Association of Realtors releases pending home sales index for October, 10 a.m; Commerce Department releases construction spending for October, 10 a.m.; Senate Commerce, Science and Transportation subcommittee hearing on aviation safety, focusing on pilot...
Nov. 27 (Bloomberg) -- The U.S. Treasury and the Federal Reserve extended by six months the compliance date on rules intended to limit the use of U.S. payment systems in some forms of Internet gambling, the agencies said in a release.
WASHINGTON, D.C. The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.
The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.
Market fears of a possible intervention by the Bank of Japan to support the dollar helped the U.S. currency recover its poise Friday after it hit a 14-year low against the yen.
WASHINGTON —The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.
Nov. 27 (Bloomberg) -- Treasury Department and Federal Reserve examiners should have done more to halt risky lending at U.S. banks that failed amid real-estate losses, reports by agency watchdogs show.
Most big U.S. banks may be forced to make public offerings soon if the Treasury demands payback of the funds it issued under the Troubled Assets Relief Program, veteran banking analyst Richard Bove said.
Average rates for 30-year, fixed-rate mortgages fell this week, matching a record low set last spring. Rates are more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.
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