December 20, 2015 Treasury chief asks for bipartisan approach to debt ceiling Treasury Secretary Jack Lew dialed back from dire-sounding prepared comments on the country’s fiscal health Monday, and instead called for a bipartisan approach to dealing with the looming debt ceiling deadline.
December 20, 2015 Yellen sworn in as chair of Federal Reserve, first female to hold the post Janet Yellen has been sworn in to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year history. Yellen, who was confirmed by the Senate last month, was sworn in by Fed Governor Daniel Tarullo, the senior member of the Fed's seven-member board.
December 20, 2015 Spending bill includes significant Dodd-Frank change Tucked into the 1,603-page omnibus spending bill put out by congressional leaders late Tuesday night was a significant change to the landmark 2010 Dodd-Frank financial reform law.
December 20, 2015 Rand Paul threatens Obama's Fed picks over transparency Kentucky Republican Sen. Rand Paul is making his latest threat to delay nominations, this time President Obama's picks for the Federal Reserve Board.
December 16, 2015 Federal Reserve votes to raise interest rates 1/4 point Ends 7-year period of near-zero rates
December 15, 2015 Markets rally ahead of Fed decision on interest rates How will decision impact you?
December 14, 2015 Will interest rates go up? Five things to expect Raising the banks’ overnight borrowing rate—held near zero since the depths of the financial crisis in 2008—has the potential to push up the cost of mortgages, slow jobs creation and curb stock prices but not always.
December 8, 2015 Stock selloff amid worries about terror, plunging oil prices Will jitters stop Fed raising rates?
October 5, 2015 Bernanke says more execs should be in jail for 2008 collapse Wants investigation of individual action
September 14, 2015 Five things to know about a potential interest rate hike by the Federal Reserve Since 2008, the Federal Reserve has kept the federal funds rate—the banks’ overnight borrowing rate—near zero.
