Topic: U.S. National Economy
Court orders Fed to release bailout documents
Reuters US Online Report Top News
NEW YORK (Reuters) - In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis. The Second Circuit Court of Appeals on Friday ordered the Fed to release details ...
Appeals court rules bank loans can be disclosed
AP News
NY appeals court: Federal Reserve should reveal records about loans to private banksThe Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday. A panel of the 2nd U.S. Circuit Court of Appeals in Manhattan said ...
Frank: Still favors independent financial watchdog
Reuters US Online Report Politics News
WASHINGTON (Reuters) - U.S. Representative Barney Frank, the Democratic chairman of a key House committee, said on Friday in a CNBC interview that he still favors establishing an independent agency on protecting financial consumers. A bill being debated in the Senate would put the consumer watchdog first proposed by President ...
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 ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
