Fed Chair calls out Congress for fiscal policy frustrating recovery
FED Chair Ben Bernanke is widely believed to be stepping down at the end of his second term in January. Today he appeared before Congress to give his last biannual…
Discord on the Fed over stimulus signals lack of direction for recovery
Recent public disclosures of the minutes from the Federal Reserve’s board meetings indicate a growing rift between proponents of a gradual withdrawal of the Fed’s stimulus policy of “quantitative easing”…
Barclays scandal spreads to US banks, regulators, and politicians
As big banks face the fallout from a global investigation into interest rate manipulation, American and British lawmakers are scrutinizing regulators who failed to take action that might have prevented…