Monetary Policy and the Economy
Federal Reserve Chair Janet Yellen presented her semiannual report on monetary policy to the House Financial Services Committee. The report looks at the current and future economic condition…
9,324 viewsFederal Reserve Chair Janet Yellen presented her semiannual report on monetary policy to the House Financial Services Committee. The report looks at the current and future economic condition…
9,324 viewsTreasury Secretary Jack Lew testified on the annual report of the Financial Stability Oversight Council (FSOC), which oversee the implementation of the Dodd-Frank financial regulations law.
759 viewsRichard Cordray testified on the details of the Consumer Financial Protection Bureau’s semiannual report.
1,087 viewsThe House convened for a legislative session.
View in Congressional Chronicle1,248 viewsTreasury Secretary Jack Lew delivered an annual report on the status of the international financial system.
343 viewsCurrent and former Federal Deposit Insurance Corporation (FDIC) officials and Federal Reserve Bank presidents testified about provisions of the Dodd-Frank financial regulations law regarding…
428 viewsFederal Reserve Chair Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. In his testimony he said he was not ready to declare “too big to fai…
606 viewsContinue Consideration of H.R. 1947 - Federal Agriculture Reform and Risk Management Act of 2013 (Structured Rule) (Sponsored by Rep. Frank Lucas / Agriculture Committee) The Rule provides f…
View in Congressional Chronicle1,172 viewsWitnesses testified on the financial health of Federal Housing Administration (FHA) and the government’s proper role in home mortgage finance.
628 viewsFederal Reserve Chair Ben Bernanke testified about the Federal Reserve Board’s semiannual report on monetary policy. In his remarks he said the U.S. would not slip back into recession, unles…
4,344 viewsFederal regulators testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012, and business practices in the banking industry. Among the topics addressed were risk management prac…
1,284 viewsTreasury Department and Federal Reserve officials testified on the discretionary authority of the Financial Stability Oversight Council to designate non-bank financial firms as “systemically…
986 viewsIn a third hearing on the MF Global collapse witnesses testified about an estimated $1 billion of unaccounted customer funds. Former MF Global Assistant Treasurer Edith O’Brien exercised her…
3,142 viewsRichard Cordray outlined a number of new rules and initiatives under consideration at the new Consumer Financial Protection Board (CFPB). He said the CFPB would try to craft universal mortga…
314 viewsBen Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. Topics included inflation and unemployment, reform of Social Security and Medicare, and bu…
6,880 viewsFinancial regulators testified on implementing the Volcker Rule, which prevents federally insured institutions from investing in hedge and private equity funds. The rule was part of the 2010…
534 viewsHousing and Urban Development Secretary Shaun Donovan, a Government Accountability representative, and housing experts testified at a hearing on the fiscal health of the Federal Housing Admi…
376 viewsThe House Financial Services Committee held a hearing on allegations that some members of Congress have enriched themselves through legal stock trades based on non-public information. Witnes…
561 viewsWitnesses testified on the services community banks and credit unions provide. Among the topics they addressed were the impact of regulations on small banks, the role of community banks, and…
483 viewsCommittee members voted 52 to 4 to block over $12 million in executive bonuses at government backed mortgage companies Fannie Mae and Freddie Mac. The bonuses were approved by the Federal Ho…
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