- Herman Cain profiled in ‘Political Power’ comic book
- Hagel renews Qatar defense pact despite differences over Iran, Syria
- Fire departments fear Obamacare will gut volunteer ranks
- Rep. Alan Grayson loses $18M in stock scheme
- Christmas secularists get 6-foot beer-can Festivus pole at Florida Statehouse
- George Zimmerman’s girlfriend flips on assault: Let ‘my boyfriend’ go
- Lululemon Athletica chairman quits after firestorm over his fat-thighs comment
- CBS’ beleaguered Lara Logan gets a cheerleader — Dan Rather
- Jesus tops list as most significant figure in history; Mohammed at 4th
- See a drone? ‘Shoot it down,’ says Colorado ordinance
By Tom Fitton
New photos confirm the attack's coordination and its cover-up
Independent voices from the The Washington Times Communities
Topic - Federal Deposit Insurance Corporation
Republicans haven't succeeded in repealing Obamacare, or even restraining the scheme the Democrats pushed through Congress without a single Republican vote. That's what can happen with a determined Democrat in the White House and the Democrats in control of half of Congress. Republicans in the House will now take aim at another of President Obama's hyperpartisan achievements, the Dodd-Frank Wall Street regulation bill.
Having the legislative branch enact laws, to be signed by the executive (as set out in the Constitution), has become a quaint concept under President Obama.
The suggestion in "Obama supports elimination of Fannie, Freddie" (Web, Aug. 7) that the president suddenly favors free-market solutions prompts deeper examination of this article. The suggestion that "private banks and investors" were actually the driving force "before the crisis" offers an opening clue that likely much of what the writer "knows" is incorrect, raising further need for a careful read.
A recent Wall Street Journal article examined how the Federal Reserve's use of low interest rate policies has failed to reach those most in need. Aptly calling it the "credit divide," the article said that "Fed officials have been so frustrated in the past year that low interest rate policies haven't reached enough Americans to spur stronger growth, the way economics textbooks say low rates should."
The real estate giant chaired by Richard Blum, the husband of California Sen. Dianne Feinstein, is cashing in on a new federal crisis.
The U.S. banking industry enjoyed its second-most profitable year in history in 2012, according to a new report from the Federal Deposit Insurance Corp., but that may not be enough to save the jobs of thousands of bankers.
"I'm going to save more."
U.S. banks ended 2012 with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.
Vilified as a chief cause of the global financial crisis three years ago, America's banks appear to be quietly on the mend.
A federal program giving unlimited insurance guarantees to some no-interest bank accounts, enacted at the height of the financial meltdown, will die out at the end of the year after the defeat of a Senate plan to extend it.
Last week, Christine Jacobs, the CEO of Theragenics Corp., a public company listed on the New York Stock Exchange that makes medical devices and is involved in cutting-edge cancer cures, wrote a letter to President Obama explaining why it was necessary to "begin moving our U.S. manufacturing to Costa Rica."
U.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will sustain its healing from the worst financial crisis in decades and help strengthen the economy.
Mitt Romney decried the Dodd-Frank Act as "the biggest kiss that's been given to New York banks I've ever seen." Since its passage, 122 community banks have closed. If the election had turned out differently, there would have been a prospect of repealing Dodd-Frank. There still may be grounds for a modicum of reform, particularly of "too big to fail" (TBTF) banks and doctrine.
How much drama can take place in boardrooms and on intra-agency phone conferences? Sheila Bair aims to find out in her financial-crisis memoir, "Bull by the Horns: Fighting to Save Main Street From Wall Street and Wall Street From Itself."