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Federal Reserve

Federal Reserve
A collection of news and information related to Federal Reserve published by this site and its partners.

Top Federal Reserve Articles

Displaying items 37-48
  • Former Md. regulator named to No. 2 Treasury job

    Former Md. regulator named to No. 2 Treasury job
    President Barack Obama has appointed Sarah Bloom Raskin, a former top Maryland financial regulator, as deputy secretary of the U.S. Treasury Department, the White House announced late Wednesday. Raskin, 52, has served as a governor of the Federal...
  • Patapsco Bancorp names new CEO

    Patapsco Bancorp names new CEO
    Patapsco Bancorp Inc. announced Monday that Phil Phillips has been named president and CEO of the Dundalk-based bank holding company. Phillips, who had been executive vice president, replaces Michael J. Dee, who resigned from the positions he had held...
  • Adding secrecy to scandal in mortgage crisis

    Adding secrecy to scandal in mortgage crisis
    We already know that federal regulators have undermined accountability for abuses by mortgage servicing companies. In another disturbing development, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) are refusing to turn over...
  • Baltimore's rentals in high demand, fueling building boom

    Baltimore's rentals in high demand, fueling building boom
    To win the two-bedroom Canton condo Jillian Rimmer wanted, she offered to pay $75 more a month than the asking rent of $1,600. It worked: The landlord chose her bid, and she and a roommate live there now. "I was willing to pay that for the great...
  • Victor "Vic" Turyn, Md. quarterback

    Victor "Vic" Turyn, Md. quarterback
    Victor "Vic" Turyn, a retired Federal Bureau of Investigation and Federal Reserve Bank of Richmond official who had been an outstanding quarterback at College Park in the late 1940s, died Aug. 11 of heart failure at his Ellicott City home. He was 91....
  • Who should be the next Federal Reserve chair?

    Who should be the next Federal Reserve chair?
    Federal Reserve Chairman Ben Bernanke plans to step down when his term expires at the end of January — if not sooner — and President Barack Obama is expected to nominate a successor this fall. Right now, the front-runners appear to be former...
  • Memories of the financial crisis, five years later

    Memories of the financial crisis, five years later
    The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit. The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
  • At your liberty: Statue of Liberty to reopen July 4

    At your liberty: Statue of Liberty to reopen July 4
    On a sun-splashed afternoon that marked the second day of summer, I joined a diverse throng of men, women and children, all waiting to board the Staten Island Ferry — a hulking orange vessel that provides free commuter service between Manhattan...
  • Immigration reform hurts U.S. workers

    Immigration reform hurts U.S. workers
    The Senate this week begins debate on the proposed immigration reform bill. If this bill becomes law, there is one likely outcome for low-skilled Maryland workers: disaster. The assurances of the bill's proponents that the bill will somehow help the...
  • Housing shows life; can the economy be far behind?

    Housing shows life; can the economy be far behind?
    The latest indicator that the U.S. economy is on the upswing can probably be found on the street where you live: It's the "sold" sign planted in the neighbor's yard. Perhaps you hadn't noticed, but the real estate industry is not the moribund mess you...
  • High cost of homeownership

    High cost of homeownership
    As the five-year anniversary of the Lehman Bros. bankruptcy and the collapse of the mortgage market approaches, Americans are still struggling to cope with the consequences of the Great Recession. More than 4 million households have lost their homes to...
  • Maryland economy will continue to feel government spending cuts

    Maryland economy will continue to feel government spending cuts
    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve...