Fed. Employees to Report to Work on Christmas EveThe Office of Personnel Management announced Monday that employees will report for a full day of work Tuesday, Christmas Eve.
Obama Nominates Yellen to Succeed Bernanke at Federal ReservePresident Barack Obama has nominated Janet Yellen, the Federal Reserve's vice chair, to be chairman of the nation's powerful central bank, succeeding Ben Bernanke.
Bernanke: Fed Increasing Financial Monitoring The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday.
Federal Reserve Projects High Unemployment Into 2015The Federal Reserve foresees unemployment remaining high into 2015, suggesting it will keep short-term interest rates near record lows at least until then.