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
Mar 10 Bernanke Calls for Broad Overhaul of Financial Regulatory System By Admin, PBS News Hour Federal Reserve Chairman Ben Bernanke said Tuesday that the country's financial regulatory system needs a broad overhaul to strengthen oversight of financial institutions whose failure would put the entire economy in danger. Continue reading
Mar 03 Watch Government Officials Defend Economic Recovery Plans Facing criticism from some lawmakers, government officials defended their economic recovery plans. Kwame Holman reports. Continue watching
Mar 03 Bernanke Defends AIG Rescue, Urges Quick Moves on Economy By Admin, PBS News Hour Federal Reserve Chairman Ben Bernanke advised moving "aggressively" to ease the economic crisis during testimony to lawmakers Tuesday while defending the government's latest moves to prop up troubled insurance giant American International Group. Continue reading
Feb 24 Watch Obama Addresses Nation Amid More Grim Economic News President Barack Obama addresses Congress and the nation Tuesday amid new testimony from Federal Reserve Chairman Ben Bernanke on the scope of the recession. Kwame Holman reports. Continue watching
Jan 28 Fed Leaves Key Rate at Record Low, Vows to Use All Tools to Help Economy By PBS News Hour Acknowledging that the economy has continued to deteriorate, the Federal Reserve signaled Wednesday that it will continue to use unconventional tools to cushion the fallout, including keeping a key interest rate at a record low for quite "some time."… Continue reading
Dec 16 Federal Reserve Cuts Key Rate to Record Low By Admin, PBS News Hour The Federal Reserve cut a key interest rate to an all-time low target range of zero to 0.25 percent Tuesday in an effort to fight the deepening recession. Continue reading
Dec 04 Global Banks Chop Interest Rates as Crisis Grows By Admin, PBS News Hour More central banks across the world cut interest rates Thursday, hoping to quash a global economic slump that is spreading faster than policymakers had anticipated. Continue reading
Nov 26 Watch Obama’s Economic Strategy Begins to Emerge as Team Takes Shape In an attempt to combat the economic crisis, President-elect Barack Obama has appointed key members of his economic team, including former Fed Chair Paul Volcker, to lead an economic advisory panel. Two financial writers assess his team and financial recovery… Continue watching