Former Federal Reserve chairman Alan Greenspan talks to Jeffrey Brown as part of a series of conversations on the debate over tax cuts. Continue reading
A year after Wall Street went into a tailspin, the Fed continues to take unprecedented steps to revive the economy. David Wessel has penned a book about Ben Bernanke and the changing role of the Fed. He answered questions in an Online NewsHour forum. Continue reading
“In Fed We Trust” author David Wessel discusses how the central bank reacted to the financial crisis and its changing role in setting U.S. and global financial policy. Continue reading
Former Fed Chair Alan Greenspan told Congress Thursday the economic crisis unveiled “a flaw” in his view of world markets. Economic analysts discuss his testimony and legacy.
In testimony before Congress Thursday, former Federal Reserve Chair Alan Greenspan said that the current financial crisis is a “once in a century credit tsunami” that will continue to impact the U.S. economy, spurring more job losses to come. Continue reading
New data released Thursday show the number of homeowners caught in the foreclosure crisis grew by more than 70 percent in the third quarter compared with the same period last year. Continue reading
Robert Rubin, who served as treasury secretary during the Clinton administration and is currently the chairman of the board of directors at Citigroup, evaluates the state of the U.S. economy and the role of government intervention in recent economic troubles. Continue reading
Federal Reserve Chairman Ben Bernanke has called for government action to revive the slowing U.S. economy, in a key test of his tenure as the head of the central bank. Two business reporters consider how Bernanke is responding to the economic downturn and how his background has prepared him to be a key decision maker. Continue reading