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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 13-24
  • Swamp Sunrise

     
    Good morning. Here are a few Washington-related events of note for Tuesday, September 23. President Bush is meeting with UN Secretary General Ban Ki-Moon at the UN in New York and speaking to the General Assembly. The Senate Armed......
  • Good luck to Congress on Wall St pay cut

     
    by Frank James There was much at today's Senate Banking Committee hearing on the Treasury Department's proposed $700 billion bailout of Wall Street about executive compensation. Even Treasury Secretary Henry Paulson Jr., who himself made a fortune on Wall...
  • Fed: Bill needed for 'healthy recovery'

     
    by James Oliphant The chairman of the Federal Reserve, Ben Bernanke, testifying before the Senate Banking Committee Tuesday, just answered the question that's on everyone's mind: Why does a bailout bill have to be passed so quickly? "The financial...
  • Obama, McCain: Cautious in econ-crisis

     
    by Mark Silva Count both Barack Obama and John McCain, the candidates for president, as avowedly cautious in the face of the $700 billion bailout that the Bush administration proposes for banks and other financial institutions holding bad mortgage debts.....
  • Obama: no welfare program for CEOs

     
    by Christi Parsons The federal bailout of the financial system can't end up being a "welfare program for Wall Street executives," Democrat Barack Obama told reporters today. And if taxpayers are going to fork over the $700 billion the administration......
  • Bailout opposed: Republican speaks out

     
    by Mark Silva Here's one certain prediction for the $700 billion bailout of bad mortgage debt that the Bush administration is pushing through Congress: It will not pass unanimously. The question is how many will speak out against a buyout......
  • Bailout plan hit as unconstitutional

     
    by Frank James It's a safe bet that the legislative proposal by Treasury Secretary Henry Paulson Jr. to buy up bad Wall Street assets is going to undergo some fundamental revision. Troubling to many critics is the breathtaking extraconstitutionality of......
  • Wall St feels tightening fed grip

     
    by Frank James The not-so-invisible-hand of Washington reached out on Sunday and snatched the last two remaining big Wall Street investment banking firms into the world of increased federal regulation with the announcement that Morgan Stanley and...
  • Storm clouds brewing for bailout plan?

     
    by James Oliphant It's still too early to tell, but is bipartisan support for the Paulson Plan eroding? Tuesday's Senate Banking Committee hearing kicked off with strong words from the ranking Republican on the panel, Sen. Richard Shelby of Alabama.......
  • Economic 'heart attack:' Warning signs

     
    by Mark Silva The message of the private session that the Federal Reserve chairman and secretary of the Treasury had with congressional leaders late last week is playing out in public today, where Sen. Chuck Schumer said they have been......
  • Bailout: Global warming on Wall Street

     
    by William Neikirk The $700 billion bank bailout reminds me of global warming. Certainly the consequences of each are dire. But you wouldn't know the real impact if you took pre-emptive action that proved to be successful. If you cure......
  • Bailout: Tentative deal reached

     
    by James Oliphant A tentative deal has been struck between Democratic and Republican members of Congress on the massive $700 billion plan to rescue America's financial sector. Sen. Christopher Dodd and Rep. Barney Frank, who have been leading the talks......