News on Ben Bernanke

Fed Chair Ben Bernanke Testifies On Bank Supervision And Monetary Policy

2010-03-17T13:34:09Z

WASHINGTON - MARCH 17: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on March 17, 2010 in Washington, DC. The committee is examining t...

Bernanke defends Fed small bank supervision role

2010-03-17T17:15:18Z

<div><p>WASHINGTON (Reuters) - Top central bankers present and past on Wednesday joined forces against a plan to strip the Fed of its oversight of smaller banks, saying the knowledge it gains from that role is vital to monetary policy.</p><p>U.S. Federal Reserve Chairman Ben Bernanke urged lawmakers to reconsider an element of a Senate regulatory overh...

Fed defends watchdog role

2010-03-17T16:16:19Z

<div><p>Federal Reserve chairman Ben Bernanke called for his central bank to keep broad regulatory powers Wednesday, amid a fierce debate about how to police Wall Street.</p><p>Bernanke told a US congressional committee that the Fed was...

Fed boss makes case to keep all banking duties

2010-03-17T14:45:49Z

<div id="subtitle">Bernanke tells Congress: Don't scale back Fed banking supervision</div><div><p>Federal Reserve Chairman Ben Bernanke on Wednesday urged Congress not to scale back the Fed's regulatory authority over banks. He said the Fed needs the information it gleans from its bank oversight to set interest rates and gauge the health of the banking system.</p><p>A Senate bill to overhaul financial reg...

Summary Box: Fed boss wants to retain bank duties

2010-03-17T13:00:22Z

<div id="subtitle">Summary Box: Bernanke wants Fed to retain all banking oversight</div><div><p>MAKING THE CASE: Federal Reserve Chairman Ben Bernanke urged Congress to let the Fed keep all of its banking supervision. He argued that information gleaned from that process helps the Fed guide the economy.</p><p>SHRINKING THE FED'S BANKIN...

Bernanke Financial Overhaul

2010-03-17T08:32:17Z

FILE - In this Feb. 24, 2010 file photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. Bernanke on Wednesday, March 17 will make the case to Congress on that the Fed should retain supervision of smaller banks. (AP Photo/M...

Fed boss to make case to keep all banking duties

2010-03-17T07:45:16Z

<div id="subtitle">Bernanke to tell Congress: Don't scale back Fed banking supervision</div><div><p>Federal Reserve Chairman Ben Bernanke will make the case to Congress on Wednesday that the Fed should retain supervision of smaller banks.</p><p>In testimony prepared for a House hearing and obtained by Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered. (...

Fed may hint at how long rates will stay at lows

2010-03-14T12:15:10Z

<div id="subtitle">Fed policymakers to debate how and when to signal that higher interest rates are on the way</div><div><p>Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates.</p><p>Higher rates are still months away, Chairman Ben ...

Obama eyes Fed picks in central bank revamp

2010-03-12T19:15:45Z

<div><p>US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank.</p><p>San Francisco regional central bank ch...

Obama identifies three possible Fed picks

2010-03-12T14:15:41Z

<div><p>US President Barack Obama is giving "strong consideration" to naming three officials to fill vacancies at the Federal Reserve board, the White House said Friday as he moves to revamp the central bank.</p><p>San Francisco...

Obama eyes dovish policymaker as Fed number two

2010-03-12T12:15:45Z

<div><p>US President Barack Obama is giving "strong consideration" to nominating San Francisco regional central bank chief Janet Yellen as Federal Reserve Board number two, the White House...

Obama eyes dovish policymaker as Fed number two: reports

2010-03-12T08:15:37Z

<div><p>US President Barack Obama plans to nominate San Francisco regional central bank chief Janet Yellen, a policy dove, as Federal Reserve Board number two, news reports said Friday.</p><p>Yellen, 63, has been a strong supporter of...

Fed Rebounds

2010-03-10T16:01:10Z

FILE - In this Feb. 25, 2010 file photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overh...

Fed emergency loans decline in most recent week

2010-03-04T14:34:29Z

<div id="subtitle">Banks further reduce their borrowing from the Fed's emergency loan window</div><div><p>Banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that strains in the private credit markets are easing.</p><p>The Fed reported that daily borrowing from its emergency loan program averaged $13.77 billion for the wee...

Analysis: A week to explain public's lack of faith

2010-02-27T07:00:14Z

<div id="subtitle">Analysis: Washington, Toyota, the economy: Any wonder that people don't trust institutions?</div><div><p>To understand why people don't trust institutions — and why America is so disgruntled — look no further than these doings in the nation's capital.</p...

Fed officials at odds on right level for rates

2010-02-26T14:46:13Z

<div><p>NEW YORK (Reuters) - Two top Fed officials on Friday offered divergent signals on interest rates, with one arguing they should remain near zero for at least six months and another wishing to raise them "sooner rather than later."</p><p>Charles Evans reiterated the central bank's commitment</p><p>to keep borrowing costs at exceptio...

Interest Rates Investors

2010-02-26T08:46:06Z

FILE - In this Feb. 25, 2010 file photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. Days after the Federal Reserve seemed to sound the alarm that the era of near-zero interest rates is ending, Bernanke tempered those e...

Bernanke

2010-02-25T16:17:49Z

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Thursday, Feb. 25, 2010, before the Senate Banking Committee hearing on the Semiannual Mone...

SEC examines destabilizing effects of CDS

2010-02-25T13:30:34Z

<div><p>WASHINGTON (Reuters) - Securities regulators said on Thursday they are examining the potential abuses and destabilizing effects of credit default swaps, a financial instrument that can be used to speculate on an issuer's credit worthiness.</p><p>The Securities and Exchange Commission comment...