Topic: U.S. Federal Reserve
Wall Street
AP News
SEC boss: Agency examining companies
AP News
SEC chairman says agency examining companies' pre-meltdown conduct, offers no namesThe head of the Securities and Exchange Commission confirmed Wednesday that the agency is investigating several companies' actions in the run-up to the financial crisis of 2008. SEC Chairman Mary Schapiro said "it would be safe to assume" that the ...
Fed defends watchdog role
AFP American Edition
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. Bernanke told a US congressional committee that the Fed was best-placed to monitor much of the massive banking sector, as sweeping reforms -- backed by ...
Fed boss makes case to keep all banking duties
AP News
Bernanke tells Congress: Don't scale back Fed banking supervisionFederal 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 ...
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