Feb 10 Bernanke Outlines Plan to Unwind Fed’s Crisis Policies Fed Chairman Ben Bernanke outlined plans Wednesday to dismantle some of the central bank's policies put in place during the height of the financial crisis. The Fed, in the future, could sell some of the assets on its balance sheet,… Continue reading
Feb 10 Watch News Wrap: Airbag Issues Prompt Honda Recall In other news Wednesday, faulty airbags pushed carmaker Honda to add 437,000 vehicles to its 15-month-old global recall, and Ben Bernanke outlined plans to unwind the Federal Reserve's crisis policies. Continue watching
Jan 28 Bernanke Approved for Second Term at Fed The Senate voted 70-30 Thursday afternoon to approve Ben Bernanke for a second four-year term as chairman of the Federal Reserve. After several hours of debate in which Bernanke supporters argued that voting down his nomination would imperil a… Continue reading
Jan 28 Watch News Wrap: Bernanke Wins Second Term at Fed In other news, the Senate approved Ben Bernanke for a second term as chairman of the Federal Reserve. Senate Democrats also voted to boost the federal debt ceiling by nearly $2 trillion. Continue watching
Jan 27 Fed Votes to Hold Interest Rates Near Zero The Federal Reserve, as expected, announced Wednesday it will keep interest rates near zero "for an extended period" to help support an uneven economic recovery. Sounding a somewhat upbeat tone, the Fed said "that economic recovery has continued… Continue reading
Jan 27 Watch Unmasking Interest Rates, Honky-Tonk Style In the latest installment in his series of reports making sense of financial news, Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard. Continue watching
Jan 27 Watch Geithner Defends AIG Bailout at Fiery Hearing Under fire from lawmakers Wednesday, Treasury Secretary Timothy Geithner defended the bailout of insurance giant AIG as "in the best interests of the American people."… Continue watching
Jan 25 Bernanke’s Confirmation Gaining Support Ben Bernanke's chances of winning a second term as Federal Reserve chairman are looking up Monday after a White House push over the weekend to reverse rising populist sentiment against his confirmation. "He's going to have bipartisan support in… Continue reading
Jan 22 Bernanke’s Road to a Second Term Faces New Obstacles Updated 5:46pm ET Senate Majority Leader Harry Reid issued a statement late Friday, signaling his endorsement of Ben Bernanke for a second term as Fed chairman. Here's part of what Reid had to say about the decision:… Continue reading
Jan 22 Watch Economic Woes Raise Questions on Bernanke David Wessel of the Wall Street Journal explains how the Massachusetts election affected Fed Chief Ben Bernanke's chances at a second term. Continue watching