By Michal Conger | 11/19/13 06:19 PM
One ex-bank official has to wait a few weeks before he finds out his punishment for 30 counts of bank fraud and 30 counts of money laundering. Matthew Daniel Sweet, of Timbo, Ark., was the former vice president and controller at Troubled Asset Relief Program funds recipient One Bank &...
11/18/13 10:36 AM
Total foreign holdings rose 1 percent September to $5.65 trillion, the Treasury Department reported Monday. That follows a 0.03 percent gain in August.
11/18/13 09:43 AM
The U.S. now has the strongest economy among industrialized nations, which would be its highest rank since 2000, according to David Woo, the New York-based global head of interest rate and currency strategy at Bank of America Corp.
By Joseph Lawler | 11/14/13 07:27 PM
A report from the Government Accountability Office released Thursday finds that the Federal Reserve offered banks bailout loans at below-market interest rates during the crisis, and that the central bank hasn't moved to finalize the regulations it is required to implement to avoid such bailouts...
By Joseph Lawler | 11/14/13 05:32 AM
As a star economist and vice chairman of the Federal Reserve since 2010, Janet Yellen had a compelling claim to succeed Ben Bernanke as Fed chairman. But it was political machinations that led to her nomination for the top job.
By Bloomberg News | 11/13/13 04:44 PM
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing to a record, as retailers led gains amid optimism about the holiday shopping season. Emerging market stocks extended the longest slump in seven years while Treasuries advanced and oil rebounded from a five-month low.
By Timothy P. Carney | 11/12/13 06:09 PM
A small group of unelected government officials in Washington have the power to bail out banks and other financial institutions, free from budgetary constraints or democratic accountability. Yet insiders don't think the public has any right to know what's going behind the curtain. Sen. Rand...
11/12/13 02:19 PM
Former Florida Governor Jeb Bush told top Wall Street executives today that new banking regulations are stifling economic growth by crimping firms’ ability to lend money and raise capital.
By Joseph Lawler | 11/12/13 06:09 AM
President Obama will nominate Treasury Department veteran Timothy Massad to be the nation's top regulator of financial derivatives on Tuesday afternoon, according to a White House official.
11/11/13 11:52 AM
(www.latimes.com) WASHINGTON -- The head of the American Bankers Assn., who is a former GOP governor, made a strong pitch Monday to his fellow Republicans to support the bipartisan Senate immigration reform legislation by invoking party hero Ronald Reagan.
By Byron York | 12/08/13
By Richard Pollock | 12/06/13
By Timothy P. Carney | 12/07/13
By Timothy P. Carney | 11/26/13