- Mississippi abortion law can’t be enforced
- Teacher who survived Sandy Hook has book deal
- Jury awards Jesse Ventura $1.8M in case vs. ‘American Sniper’ author Chris Kyle
- Government OKs Arab-owned company to operate U.S. cargo port
- Defense lawyer: McDonnell’s wife had ‘crush’ on CEO
- Chinese hackers stole ‘huge quantities’ of sensitive data on Israel’s Iron Dome
- House unveils bill to speed deportations of illegal immigrant children
- Californians protest middle school for hiring white man to teach cultural studies
- Killer’s sentencing overturned because mother couldn’t find seat in courtroom
- Hillary: ‘Dead broke’ comment was ‘inartful,’ but insists it was ‘accurate’
Topic - Ben S. Bernanke
The Senate Monday voted 56 to 27 to confirm Federal Reserve Board vice chairman Janet Yellen as the next chairman, succeeding Ben S. Bernanke when he departs Jan. 30.
With the Senate's approval Monday of Janet Yellen to become the first female Federal Reserve chair at the end of the month, she takes on the difficult mission of smoothly ending the unprecedented $4 trillion of stimulus programs launched by her predecessor, Ben S. Bernanke.
The Federal Reserve's long-delayed decision to start pulling back from its multi-trillion-dollar stimulus program was filled with self-doubts about the still-shaky Obama economy.
Citing underlying strength in the recovering U.S. economy, the Federal Reserve surprised world financial markets Wednesday by cutting back its bond purchase program by $10 billion a month in 2014.
As the vote on Obamacare approached in 2010 — a year when the budget deficit was a staggering $1.3 trillion — the Democratic majority ignored the opposition's concerns about the costs and unintended consequences of restructuring the entire health care system.
Janet Yellen, President Obama's pick to be the next head of the Federal Reserve, is vowing to maintain the central bank's ultra-easy policies on interest rates until she sees more convincing growth in the economy and job market, in prepared testimony to be delivered at her Senate confirmation hearing Thursday.
From Capitol Hill to Wall Street, Janet Yellen is receiving strong early support as she looks to take over for Ben S. Bernanke as the first chairwoman of the Federal Reserve starting in 2014.
President Obama on Wednesday will nominate Janet Yellen, a loyal lieutenant of Federal Reserve Chairman Ben S. Bernanke and an economist dedicated to improving the nation's job prospects, to become the first woman to head the century-old central bank.
President Obama is been shopping for a replacement for the chairman of the Federal Reserve, to be installed once Ben S. Bernanke rides into the sunset in January. Given the names floated so far, the printers where the currency presses are shouldn't count on a break any time soon.
Federal Reserve Board Chairman Ben S. Bernanke sent President Obama a report card this week, giving him another failing grade on the economy.
The Federal Reserve on Wednesday pleasantly surprised financial markets by deciding not to start withdrawing the easy money policies it has maintained since the Great Recession of 2007-2009.
The best analogy that comes to mind regarding the Federal Reserve's propping up the American economy by buying large amounts of securities, or quantitative easing, is that of a baby's history.
Financial markets waited breathlessly to digest the latest pronouncement of Federal Reserve Chairman Ben S. Bernanke. They were anxious to learn how long he would keep printing greenbacks to "stimulate" the economy.
The Federal Reserve might put off its plans to stop infusing cash into world financial markets in the middle of next year if Congress enacts further deep budget cuts that prevent a pick-up in economic growth, Fed Chairman Ben S. Bernanke told a congressional hearing Wednesday.
Stocks edged higher in midday trading Wednesday after several major companies reported earnings gains and Federal Reserve Chairman Ben S. Bernanke said the central bank had no firm timetable for cutting back on its bond purchases.
Fed Chairman Ben S. Bernanke has expressed confidence that the nation won't fall back into a "double dip" recession.
Federal Reserve Chairman Ben S. Bernanke recently said that current spending levels are unsustainable.