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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 49-60
  • The economic elephant in the room: widening inequality

    The economic elephant in the room: widening inequality
    Four years into a so-called recovery, and we're still below recession levels in every important respect except the stock market. A measly 88,000 jobs were created in March, and total employment remains some 3 million below its pre-recession level....
  • Things to know for Wednesday

    Things to know for Wednesday
    Toronto residents and their Baltimore cousins are fighting heat. (Ours is worse, but they have less cooling infrastructure to fight it.) A cartoonist/runner, meanwhile, is fighting what he calls "The Blerch." And Tour de France riders are fighting for the...
  • 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...
  • FBI says New York bomb suspect considered Baltimore target

    FBI says New York bomb suspect considered Baltimore target
    A man accused of plotting to attack the Federal Reserve in New York considered striking a lightly guarded military installation in Baltimore, according to authorities. Quazi Mohammad Reswanul Ahsan Nafis, a 21-year-old Bangladeshi national, was...
  • Patapsco Bank's parent reaches agreement with regulators

    Patapsco Bank's parent reaches agreement with regulators
    The Federal Reserve announced Tuesday that Patapsco Bancorp of Dundalk has agreed to take steps to maintain the soundness of the company and its Patapsco Bank subsidiary The company and the bank must submit plans showing how they will sustain...
  • Patapsco Bank's parent posts $365,000 profit

    Patapsco Bancorp of Dundalk reported Wednesday that it earned $365,000, or 18 cents per share, in the first quarter ended in September. That's an increase from a year earlier, when the parent of Patapsco Bank posted a profit of $128,000, or 7 cents a...
  • President Obama has steered the nation wisely through troubled times

    I was flabbergasted by Stanley Glinka's recent letter criticizing President Obama's performance in office ("Obama made U.S. weaker, more vulnerable," Oct. 31). He obviously lives in a different country than the rest of us. Let me point out that over...