Topic: U.S. Federal Reserve
Senate to remove "backdoor bailouts" from bill
Reuters US Online Report Business News
ORLANDO, Florida (Reuters) - The U.S. Senate Banking Committee will remove a provision from the financial reform bill that bank regulator Sheila Bair said could allow for "backdoor bailouts," a panel spokeswoman said on Friday. Sheila Bair, chairman of the Federal Deposit Insurance Corp, told a conference of community bankers ...
Lawmaker seeks records on Fed Board stock ownership
Reuters US Online Report Business News
WASHINGTON (Reuters) - The head of the House of Representatives' Oversight Committee said on Friday he had asked the Federal Reserve to provide all documents relating to a rule waiver that allowed then-New York Fed Board Chairman Stephen Friedman to hold and purchase stock in Goldman Sachs Gorup <GS.N ...
Time to end gouging
Las Vegas Sun
Federal Reserve Board should give consumers option to avoid costly overdraft fees One of the banking industryÕs dirty little secrets is the massive amount of money it makes each year in fees from customers who have overdrawn their accounts. The Center for Responsible Lending, a nonprofit consumer advocacy group in ...
Stockhouse @ the Bell: Blue chips lead stocks higher…again
Stockhouse
The Dow was higher for the seventh consecutive session for the first time since August. On Bay Street, energy issues helped counter weak gold and bank stocks.Today on Stockhouse
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