Topic: U.S. Federal Reserve
JACKSON HOLE, Wyoming (Reuters) - Tax and budget policies need the same regularity and independence as monetary policy if countries around the world are to cope with looming stresses from pension programs, world central bankers were told at a Federal Reserve conference ...
WASHINGTON (Reuters) - An expert panel named by President Barack Obama spelled out ideas to simplify the byzantine U.S. tax code, including pre-filled-out returns for some individuals and reducing the corporate tax rate while cutting loopholes. The panel's report stops short of ...
WASHINGTON (Reuters) - White House senior adviser David Axelrod said on Friday that law professor Elizabeth Warren is a candidate to lead a new consumer watchdog bureau created by landmark financial regulation legislation. "She's obviously a candidate to lead this effort," Axelrod ...
Analysis: As recovery weakens, tools to fight a second 'dip' of recession may not be up to jobJust when they might be needed the most, the rescue ropes that hauled the nation out of the Great Recession have become badly frayed. A ...
Highlights from the financial regulation bill negotiated by House and Senate lawmakersHighlights of the House-Senate compromise bill on overhauling regulations on banks and other financial institutions. ____ OVERSIGHT A 10-member Financial Services Oversight Council made up of the treasury secretary, Federal Reserve ...
WASHINGTON (Reuters) - Lawmakers racing to complete the biggest overhaul of the financial rulebook since the 1930s sat down on Tuesday with fresh deals in hand on consumer protection, debit cards and mortgages. Members of a Senate-House of Representatives panel still have ...
Bernanke: Fed taking steps to beef up oversight to prevent replay of recent financial crisisThe Federal Reserve is working to beef up oversight of financial companies to better protect the nation from another financial crisis in the future, chairman Ben Bernanke said ...
US President Barack Obama held a strategy session Friday with the two key lawmakers tasked with shepherding a sweeping financial regulatory overhaul bill to his desk in a matter of weeks. Obama, who has made enacting the measure his top domestic goal, ...
WASHINGTON (Reuters) - The U.S. Senate on Wednesday approved an amendment to a sweeping Wall Street reform bill that would preserve the Federal Reserve's supervision of thousands of smaller banks, reversing an earlier plan. The 90-to-9 vote was a victory for the ...
Key points of the Senate's Wall Street regulation legislationKey provisions of financial regulation legislation being considered by the Senate: _A nine-member Financial Services Oversight Council made up of the treasury secretary, Federal Reserve chairman, a presidential appointee with insurance expertise, heads of ...