Central Bank

Federal Reserve's Failures: How The Central Bank Repeatedly Failed To Grasp The Crisis

washingtonpost.com | Binyamin Appelbaum and David Cho | Posted 12.21.2009 | Business


Just as the Fed had failed to protect borrowers from the consequences of subprime lending, so too had it failed to protect banks. The central bank'...

Financial Reform Approved By House Banking Panel

AP | JIM KUHNHENN | Posted 12.02.2009 | Business


WASHINGTON — House Democrats cleared a crucial hurdle Wednesday in their drive to expand the government's power over Wall Street even as black l...

Fed Gaining Complete Control Over Money Supply

Michael Pento | Posted 04.10.2009 | Business


Michael Pento

We may now be abdicating complete control of our money supply to the government.

Bear Stearns Rescue Backed Amid Concerns

AP | MARTIN CRUTSINGER | Posted 03.26.2009 | Business


WASHINGTON — Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid que...

Fed Offers $100 Billion More to Banks

AP | MARTIN CRUTSINGER | Posted 04.05.2008 | Business


WASHINGTON — The Federal Reserve announced Friday it will auction an additional $100 billion in April to cash-strapped banks as it continues to ...

Stocks Soar, Dow Rises 420 Points

AP | MADLEN READ | Posted 03.28.2008 | Business


NEW YORK — Wall Street stormed higher Tuesday as investors, optimistic following stronger-than-expected earnings from two big investment banks, ...

Fed Acts To Ease Strain On U.S. Economy

New York Times | Edmund L. Andrews | Posted 03.28.2008 | Business


Impelled to take extraordinary measures for the second time in less than a week, the Federal Reserve moved on Tuesday to subdue the deepening crisis i...

How The Fed Influences Your Life

The Week | Posted 03.28.2008 | Business


With the economy teetering on recession, the nation's central bank recently took the unprecedented step of lowering interest rates twice in three week...

Fed Auctions Another $20 Billion In Funds To Banks

AP | Martin Crutsinger | Posted 03.28.2008 | Business


The Federal Reserve, working to combat the effects of a severe credit crunch, announced Friday it had auctioned another $20 billion in funds to commer...