Treasury Blocks Regulation Of Market That Sparked $5.4 Trillion Fed Bailout
The Treasury Department plans to exempt foreign exchange derivatives from new Wall Street reform regulations, a Treasury official said Friday, dismiss...
The Treasury Department plans to exempt foreign exchange derivatives from new Wall Street reform regulations, a Treasury official said Friday, dismiss...
Mary Bottari | Posted 05.25.2011
Thanks to tremendous public pressure and the recently passed Wall Street reform bill, the U.S. Federal Reserve was forced to reveal the details of its emergency bailout of the financial sector for the first time yesterday.
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The Wall Street reform package currently awaiting the return of Congress from the Fourth of July recess is packed with provisions that will remake the...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
Sen. Chris Dodd (D-Conn.) will cosponsor Sen. Bernie Sanders' (I-Vt.) amendment to audit the Fed, he said on the Senate floor Thursday afternoon, thou...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
A bipartisan pair of senators opened a second front in the fight to bring transparency to the Federal Reserve on Wednesday, introducing an amendment t...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The Federal Reserve is privately lobbying against a bipartisan Senate amendment that would open the central bank to an audit by the Government Account...
Zach Carter | Posted 05.25.2011
This bill is unquestionably deserving of support. It will make the global economy a fairer marketplace. But it will not end the too-big-to-fail incentives that encourage Wall Street to take wild risks.
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The Senate will accept an expanded Federal Reserve audit proposal from the House as part of Wall Street conference committee deliberations, Sen. Chris...
Zach Carter | Posted 05.25.2011
Thursday night's passage of Wall Street reform is an event to be celebrated, but several key issues remain in play as the House and Senate iron out differences between their respective versions of the legislation.
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
UPDATE - 12:10 p.m. - The amendment to open the Fed to a one-time audit of its lending between December 1, 2007 and the present passed 96-0. * * * *...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
No politician has been more closely associated with the populist assault on the Fed over the last few decades than Dr. Ron Paul, the libertarian-leani...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The Treasury Department is vigorously opposed to a House-passed measure that would open the Federal Reserve to an audit by the Government Accountabili...
Hale "Bonddad" Stewart | Posted 05.25.2011
If the proposals of the "audit the Fed" crowd" are implemented, the U.S. economy will be crippled to the point of economic deadlock.
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The directors of the Federal Reserve regional banks are selected by the very banks that the Fed is supposed to regulate. It's a bizarre entanglement o...
AP | ANNE FLAHERTY | Posted 05.25.2011
WASHINGTON — House lawmakers want to pry open the books of the famously secretive Federal Reserve with legislation that would subject the centra...
HuffingtonPost.com | Jeff Muskus | Posted 05.25.2011
The House bill that would shine a light on the Federal Reserve reached 290 cosponsors on Wednesday. Authored by longtime crusader for Fed transparenc...
Arianna Huffington | Posted 05.25.2011
"Everybody understands," Geithner said on This Week, "that we cannot have our financial system go back to the practices that brought this economy to the brink of collapse." The problem is, it already has.
Posted 05.25.2011
The calls to audit the Federal Reserve have come fast and furious in the last few weeks. Fed Chairman Ben Bernanke is continuing to push back against ...
Sunlight Foundation. | Sunlight Foundation | Posted 05.25.2011
Ron Paul's [R, TX-14] bill to audit the Federal Reserve (H.R. 1207) has reached another landmark. Every single House Republican has now co-sponsored i...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The effort to increase the transparency of the Federal Reserve's operations has picked up surprising momentum over the last month, and has now surged ...
HuffingtonPost.com | Zach Carter | Posted 06.29.2011