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Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday.
Federal Reserve Chairman Ben Bernanke on Monday said the central bank will monitor the sliding U.S. dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery.
Moving up the effective date of tough new regulations to protect credit card customers from sudden interest rate increases could be a double-edged sword, according to Federal Reserve Chairman Ben Bernanke.
Federal Reserve Chairman Ben Bernanke prodded Congress Friday to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis.
Federal Reserve Chairman Ben Bernanke sent a fresh signal Thursday that he's in no rush to reverse course and start boosting interest rates.
Fed Chairman Bernanke said a U.S. government program intended to spark lending to consumers and businesses is still necessary.
Federal Reserve Chairman Ben Bernanke told a skeptical Congress Thursday that the central bank is "well suited" to oversee colossal financial companies whose failure could endanger the entire economy.
Federal prosecutors say an Illinois man has pleaded guilty in an identity theft ring that ensnared Federal Reserve Chairman Ben Bernanke as a victim.
Federal Reserve Chairman Ben Bernanke said Tuesday the worst recession since the 1930s is probably over, although he cautioned that pain — especially for the nearly 15 million unemployed Americans — will persist.
A doctors' receptionist has admitted to stealing bank account information from patients as part of an identity theft ring that ensnared Federal Reserve Chairman Ben Bernanke as a victim.
A sophisticated identity theft ring that counted Federal Reserve Chairman Ben Bernanke's wife among its victims didn't stop at stealing money electronically. Authorities said Tuesday it also sent a woman wearing a variety of wigs into bank branches to drain their accounts in person.
Analysts, lawmakers and the financial industry generally reacted positively to news that Ben Bernanke would be re-nominated as Federal Reserve chairman. But some offered a dose of constructive criticism.
Giving Ben Bernanke a second term as Federal Reserve chairman was the politically safe course for a president beset by multiple crises and wanting no new battles.
Federal Reserve Chairman Ben Bernanke has been praised for averting another Great Depression and accused of acting too late to prevent the financial crisis. But most agree that many of his bold actions helped stabilize financial markets and prevent the crisis from deepening.
President Barack Obama announced Tuesday he wants to keep Ben Bernanke on as Fed chairman, saying he shepherded America through the worst economic crisis since the Great Depression.
Last year, as the gravest financial crisis since the Great Depression shook the banking system, Ben Bernanke seemed nearly as beleaguered as the institutions themselves.
Federal Reserve Chairman Ben Bernanke on Friday offered his most optimistic outlook since the financial crisis struck, saying the economy is on the verge of growing again.
When the financial system was teetering, Federal Reserve Chairman Ben Bernanke flooded it with trillions of dollars to save the banks and free up credit for consumers and businesses.
If your investments didn't fare so well last year, here's a small consolation: Neither did Fed Chairman Ben Bernanke's.
Federal Reserve Chairman Ben Bernanke said Sunday that he had to "hold my nose" over last year's taxpayer-financed bailouts of big financial companies but argued that the action had to be taken to avoid a major meltdown of the U.S. financial system and the broader economy.
For most of its 95-year history, the Federal Reserve has been a pretty sleepy, opaque institution. No more.
Ben Bernanke put himself at odds with the Obama administration Wednesday by resisting its plan to create a consumer protection agency for risky financial products. The Federal Reserve chief said those responsibilities should stay with the central bank.
Some excerpts from the e-mails released by the House Government Oversight Committee Thursday as part of its investigation into the Fed's role in Bank of America's purchase of Merrill Lynch.
Reliable economic statistics produced by the U.S. government are important to Federal Reserve policymakers as well as millions of ordinary Americans wanting to keep tabs on jobs, wages and prices at stores, Fed chairman Ben Bernanke said Friday.
Federal Reserve Chairman Ben Bernanke on Wednesday urged financial institutions that specialize in community development and banking to the poor to take steps to ensure they emerge from the financial crisis stronger.
Fed Rules Would Restrict Overdraft Fees on Debit Cards"The final overdraft rules represent an important step forward in consumer protection," the Federal Reserve Chairman Ben S. Bernanke said. "Both new and existing account holders will be able to make informed decisions about whether to sign up for an overdraft service."
Bernanke Resists Audit of the Fed.With the Federal Reserve under more intense attack than at any time in decades, Ben S. Bernanke, the professorial chairman of the central bank, was schooled last month in how to handle the increased political demands of his job.
Grayson Called Bernanke Aide ʻWhore'Rep. Alan Grayson (D-Fla.) called an aide to Federal Reserve Chairman Ben Bernanke a "K Street whore" during a radio interview last month, according to audio posted on YouTube.
Financial Giants, Insurers May Face Major Changes: FrankFederal Reserve Chairman Ben Bernanke Friday highlighted the need for this authority as well as other measures to reduce the likelihood that one firm could destabilize the financial system.
Biggest banks face more rules, Fed's Bernanke says - MarketWatch"With the financial turmoil abating, now is the time for policymakers to take action to reduce the probability and severity of any future crisis," Bernanke said at a Cape Cod conference put on the Federal Reserve Bank of Boston. Reuters Fed chairman Ben Bernanke.
We join President Elect Barack Obama and Chairman Ben Bernanke in Bernanke's office. Over drinks the two men discuss economic strategy for the new president's administration. Weighing heavily on the mind of the president-elect is the condition of the economy.
Op-Ed Columnist - Mission Not Accomplished - NYTimes.comStocks are up. Ben Bernanke says that the recession is over. And I sense a growing willingness among movers and shakers to declare "Mission Accomplished" when it comes to fighting the slump.
Study: Bernanke, Paulson misled public on bailoutsFederal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson Jr.
Money figures show there's trouble ahead Private credit is contracting on both sides of the Atlantic. The M3 money data is flashing early warning signals of a deflation crisis next year in nearly half the world economy. Emergency schemes that have propped up spending are being withdrawn, gently or otherwise.
The Economy is a Lie TooAmericans cannot get any truth out of their government about anything, the economy included. Americans are being driven into the ground economically while Federal Reserve Chairman Ben Bernankeannounces that the recession is over!
Taxes, Depression, and Our Current Troubles Fed Chairman Ben Bernanke has reiterated his goal not to repeat the mistakes made back in the 1930s by tightening credit too soon, which he says would send the economy back into recession.
Federal Reserve's Bernanke: Recession 'is very likely over' Federal Reserve Chairman Ben Bernanke said that the worst recession since the 1930s "is very likely over" — and he was backed up Tuesday by reports showing unexpected increases in retail sales and producer prices.
Bernanke and Other Central Bankers As Saviors of Global Economies?One very clear lesson of the past year--no surprise, of course, to any student of economic history, but worth noting nonetheless--is that a full-blown financial crisis can exact an enormous toll in both human and economic terms.Correction: The first wave of a full-blown financial …
Re-Appointed Fed Chief Ben Bernanke Didn't Get Us Out of the Economic Crisis, He Helped Cause ItBernanke's down-home touch had instant appeal among the elite media. The theme was swiftly amplified by the Washington Post, New York Times and Wall Street Journal.
Why The Fed Is So Desperate To Keep Its Bailout Gifts SecretBloomberg sued the Fed to force it to reveal the names of the banks that have dumped all their crap assets onto the Fed's balance sheet (a.k.a., the taxpayer). And Bloomberg won!
Judge Orders Fed To Disclose Who Received Bailout Trillions as Bernanke is re-appointed as Fed chiefA New York District Judge has ordered the Federal Reserve to disclose the destination of around $2 trillion dollars in bailout funds after the Fed failed to convince the Judge that the records should be exempt from the Freedom of Information Act.
It's Not a Recession. It's a planned demolitionCredit is not flowing. In fact, credit is contracting. That means things aren't getting better; they're getting worse. When credit contracts in a consumer-driven economy, bad things happen. Business investment drops, unemployment soars, earnings plunge, and GDP shrinks.
Economic Forecasting Survey Shows Recession Over - WSJ.comEconomists are nearly unanimous that Ben Bernanke should be reappointed to another term as Federal Reserve chairman, and they said there is a 71% chance that President Barack Obama will ask him to stay on, according to a survey.
The Falcon PostThe Federal Reserve is clearly resorting to unconventional and perhaps desperate measures to sustain the illusion that buying US Treasury debt and thereby lending to the US government remains the cool thing to do.
US Senators push for Fed disclosures - Yahoo! NewsWASHINGTON (AFP) – Eleven US Senators called on US Federal Reserve Chairman Ben Bernanke Friday to make public the names of financial institutions rescued with taxpayers dollars, and how much they received. Democratic Senator Byron Dorgan and Republican Senator Chuck Grassley …
Dismantling the Temple :How to fix the Federal ReserveDuring the past year, the Fed has flooded the streets with money--distributing trillions of dollars to banks, financial markets and commercial interests--in an attempt to revive the credit system and get the economy growing again.
Bail-Out Bonuses at Banks that Got the Most $ from U.s. - $1 Million a Head...Hundreds and Hundreds of HeadsThousands of top traders and bankers on Wall Street were awarded huge bonuses and pay packages last year, even as their employers were battered by the financial crisis. More Articles
YouTube - Florida congressman Alan Grayson laughs in Ben Bernanke's face - priceless!Way to go congressmen! These elitists of the Federal Reserve are destroying America and most of us are completely unaware. The Federal Reserve system has run its course and its usfullness is totally outdated. ABOLISH IT!
Gallup Poll: Americans Turning Against Federal Reserve :Opinions souring as efforts to audit the Fed gain momentumAs momentum builds for Ron Paul's efforts to audit the Fed, a new Gallup poll shows that Americans are turning against the Federal Reserve, with just 30 per cent saying the agency is doing a good job.
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