Topic: U.S. Federal Reserve
WASHINGTON (Reuters) - The U.S. Senate Banking Committee will begin hammering out new rules for the financial system on Monday, two years after Bear Stearns' collapse ushered in the worst financial crisis in decades. Republicans plan to introduce about 300 amendments to attempt to weaken or kill key provisions of a regulatory reform bill developed over months of negotiation by ...
WASHINGTON (Reuters) - The United States has thrown trillions of dollars at the slumping housing market and it still looks wobbly. The government seized the two biggest mortgage finance companies and offered as much as $8,000 in tax breaks to entice home buyers, while the Federal Reserve has bought more than $1 trillion in mortgage-related assets as a way to ...
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 helps it assess the overall health of the entire U.S. financial system. Bernanke, in a speech to ...
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 Independent Community Bankers of America conference that the problem of some firms being perceived as "too big to fail ...
