Topic: Rachelle Younglai
Federal Reserve Chairman Ben Bernanke told a group of U.S. senators Thursday that the debt crisis in Greece and Europe is having an impact on the...
U.S. consumer credit posted its largest decline since April 2010 in August, according to a Federal Reserve report on Friday that suggested ...
The United States is running a $1.1 trillion budget deficit to date in the current fiscal year, the Treasury Department said on Wednesday, as key...
Treasury Secretary Timothy Geithner and top Federal Reserve officials met Friday to talk about the implications for the U.S. economy if Congress...
WASHINGTON (Reuters) - Republican Senator Scott Brown said on Monday that he expects to support the broad financial regulation bill."I appreciate the efforts to improve the bill, especially the removal of the $19 billion bank tax," Brown said in a statement. "As ...
BOSTON (Reuters) - New curbs to slow trading in stocks when markets are plunging will be proposed on Tuesday, Securities and Exchange Commission Chairman Mary Schapiro said.The SEC and major exchanges have been forced to come up with solutions to protect markets ...
WASHINGTON (Reuters) - White House economic adviser Paul Volcker said in a letter that he has concerns about the "extensive reach" of a controversial Senate proposal that could force banks to spin off their swaps desks.Volcker, in a letter dated May 6 ...
WASHINGTON (Reuters) - Senate Banking Committee members are considering a watered down version of the 'Volcker rule' unveiled last month by the Obama administration to curb risk-taking by banks, sources familiar with the panel's thinking said on Thursday.Committee members are leaning ...
WASHINGTON (Reuters) - The Obama administration may make it easier for Indian tribes to build casinos far from their reservations.The White House is " rethinking" a policy from the previous Bush administration that off-reservation casino sites be within commuting distance of the reservation ...
WASHINGTON DC (Reuters) - The U.S. Securities and Exchange Commission is including options exchanges in its review of controversial flash orders, which give traders an advance look at trading orders, the regulator said on Wednesday.The stock markets regulator is mulling ways ...