Fed Chairman Bernanke tries to makes case for Fed to retain role as watchdog of smaller banks Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role ...
Orlando, Florida (Reuters) - Regulators must be "significantly tougher" on large and complex financial firms to limit wider risks, but big firms are still needed to keep the global economy humming, Federal Reserve Chairman Ben Bernanke said on Saturday. Bernanke told an ...
WASHINGTON (Reuters) - President Barack Obama urged senators on Saturday to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises. As healthcare reform reaches a make-or-break vote in the ...
FDIC chairman says loopholes must be filled in Senate overhaul bill to end 'too-big-to-fail' A key senator has agreed with the head of the Federal Deposit Insurance Corp. to change new Senate legislation to ensure an end to the "too-big-to-fail" approach that ...
NY appeals court: Fed must reveal documents identifying firms that received Fed loans The Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday. A panel of the 2nd ...
NEW YORK (Reuters) - In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis. The Second Circuit Court of ...
NY appeals court: Federal Reserve should reveal records about loans to private banks The Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday. A panel of the 2nd ...
WASHINGTON (Reuters) - U.S. Representative Barney Frank, the Democratic chairman of a key House committee, said on Friday in a CNBC interview that he still favors establishing an independent agency on protecting financial consumers. A bill being debated in the Senate would ...
ORLANDO, Florida (Reuters) - The U.S. Senate Banking Committee will remove a provision from the financial reform bill that bank regulator Sheila Bair said could allow for "backdoor bailouts," a panel spokeswoman said on Friday. Sheila Bair, chairman of the Federal Deposit ...
WASHINGTON (Reuters) - The head of the House of Representatives' Oversight Committee said on Friday he had asked the Federal Reserve to provide all documents relating to a rule waiver that allowed then-New York Fed Board Chairman Stephen Friedman to hold and ...
