News Source: Turks and Caicos Free Press
| about 1 month ago
The Federal Reserve is willing to work with U.S. lawmakers on ways to release names of companies that borrow from the central bank after a time lag so the disclosures do not disrupt markets, a Fed official said. Scott Alvarez, the Fed's general...
News Source: Orlando Sentinel Online
| about 1 month ago
A measure backed by one of Washington's oddest couples — libertarian Republican Ron Paul of Texas and self-styled progressive Democrat Alan Grayson of Orlando — took another step toward becoming law Friday. Legislation that would allow a...
News Source: Charlotte Observer Online
| about 1 month ago
House Financial Services Committee Chairman Barney Frank, D-Mass., on Friday backed a bill to require a broad congressional auditing of how the Federal Reserve carries out its monetary policy. That review would include looking at how much the Fed has...
News Source: Austin America-Statesman/Texas Longhorns
| about 1 month ago
It started more than a quarter-century ago as just another far-out idea from U.S. Rep. Ron Paul: allow detailed congressional audits of some of the most sensitive activities of the Federal Reserve. In the wake of the financial crisis, it's getting...
News Source: Asian Wall Street Journal
| about 1 month ago
The Federal Reserve, under pressure from Congress to be more transparent, is "giving serious consideration" to releasing the names of firms that receive loans from the central bank, a top Fed official said Friday. At a House hearing, Fed General...