May 05 Fed Chair: Economy Should Grow Later in 2009 By Admin, PBS NewsHour Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday that the economy should pull out of a recession and start growing again later this year. Continue reading
Apr 14 Watch Obama Voices Both Caution, Optimism on Economy Retail sales in March showed the economy has not yet recovered on the same day President Obama delivered a speech cautioning Americans to be patient as the government tries to turn things around. Kwame Holman provides a report. Continue watching
Apr 14 Obama Says Economy ‘Not Out of the Woods’ By Admin, PBS NewsHour President Barack Obama renewed the case for his domestic and economic agenda on Tuesday, warning Americans eager for better news on the economy that "by no means are we out of the woods."… Continue reading
Mar 24 Watch Calls Intensify for Expanded Financial Regulation Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke testified before Congress Tuesday on the flap over AIG bonuses and called for increased regulatory powers. Analysts assess the real-world impacts of strengthening financial regulation. Continue watching
Mar 24 Watch Geithner and Bernanke Testify on AIG, Regulation Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke testified before Congress on the administration's handling of executive compensation for companies receiving federal loans and asked for expanded federal regulatory powers. Jeffrey Brown reports. Continue watching
Mar 24 Geithner, Bernanke Testify Amid Bid to Calm Furor Over AIG By Admin, PBS NewsHour In an essay published Tuesday and Capitol Hill appearances, President Barack Obama and Treasury Secretary Timothy Geithner worked to cool anger over the bonuses paid to executives at rescued insurance giant American International Group. Continue reading
Mar 19 Is the Federal Reserve Public or Private? By Business Desk Question: Is the Federal Reserve “federal” as the name implies, or is it as “federal as Federal Express,” meaning a private, for-profit corporation? I’ve heard it both ways and would like the answer clarified by a hard-hitting reporter whose willing… Continue reading
Mar 18 How and Why Is the Fed Creating $1 Trillion? By Business Desk Question: How and why is the Fed creating $1 trillion in new funds to buy securities? Paul Solman: They’ve been calling Fed chairman Bernanke “Helicopter Ben” since he told conservative economics icon Milton Friedman, in a speech a few… Continue reading
Mar 10 Watch Bernanke Calls for Overhaul of Financial Regulations Fed chief Ben Bernanke called Tuesday for a regulation overhaul to prevent future financial crises and monitor "too-big-to-fail" institutions. Analysts weigh the call for reform. Continue watching
Mar 10 Watch Markets Rally, Bernanke Presses for Revamped Rules Jeffrey Brown reports the economic news of the day, including the stock market's surge and Federal Reserve Chairman Ben Bernanke's speech on tightening federal financial regulations. Continue watching