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Federal Reserve

Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference Sept. 13, 2012 in Washington, D.C. (credit: Alex Wong/Getty Images)

Bernanke: Banks’ Overly Tight Lending Standards May Be Hold Back Economy

Federal Reserve Chairman Ben Bernanke said Thursday that banks’ overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes.

11/15/2012

Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference on Sept. 13, 2012 in Washington, D.C. (credit: Alex Wong/Getty Images)

Bernanke Warns Congress: Don’t Change Law To Review Fed’s Policy Discussions

Chairman Ben Bernanke offered a sharp defense Monday of the Federal Reserve’s bold policies to stimulate the weak economy, while cautioning Congress to respect its private discussions.

10/01/2012

Republican presidential candidate Mitt Romney speaks at a campaign rally in Fairfax, Va., on Sept. 13, 2012. (credit: NICHOLAS KAMM/AFP/Getty Images)

Romney: Bernanke Showing That Obama Is Wrong On The Economy

Republican Mitt Romney is trying to shift the focus of the presidential campaign away from anti-American violence overseas and back to the economy, accusing President Barack Obama of ignoring Chinese trade violations and pointing to a new Federal Reserve effort to bolster the economy as evidence of Obama’s weak policies.

09/14/2012

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

Credit: Justin Sullivan/Getty Images

US Jobless Claims Plunge To Lowest In 4 Years

The number of people seeking U.S. unemployment benefits plunged last week to the lowest level in four years.

07/12/2012

Zhou Xiaochuan, governor of the People's Bank of China, answers a media question during a press conference of the Fifth Session of the 11th National People's Congress (NPC) focusing on moneytary policy and financial issues on March 12, 2012 in Beijing, China. (credit: Feng Li/Getty Images)

Federal Reserve Approves Chinese Takeover Of American Bank

The Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States.

05/09/2012

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