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JEB HENSARLING
Fed faces ill political winds as Biden prepares for White HouseThe shuttering of the programs, which many analysts have credited for helping to blunt the economic pain of the pandemic, will push the Fed...- More than US Fed, keep an eye on Janet Yellen-critic Donald Trump after rate moveHow Trump reacts to the expected hike on Wednesday may reveal more about how he will try to pressure US Fed's Yellen through the remainder ...
- Wells Fargo CEO John Stumpf should resign, face prosecution: Senator Elizabeth WarrenStumpf is under political pressure to punish senior managers, such as calls by Warren to claw back millions of dollars in pay from Tolstedt.
- Key Republican leadership in US Congress endorses Donald TrumpIn a statement, Trump said a strong House Republican Majority is imperative to fixing the problems facing America and making the country be...
- What the Federal Reserve was thinking during the 2009 crisisThe transcripts offer a complete record of who said what and when—and so provide far more detail than the minutes of monetary policy meetin...
- US Federal Reserve's book is 22% of GDP prompting warnings that it's inflating asset-price bubblesFed's assets rose to a record $3.99 trillion on December 11, up from $2.82 trillion, when it embarked on a third round of bond buying.
- Ben Bernanke quells talk of fresh stimulus to ease jobless rateFederal Reserve Chairman Ben S Bernanke said elevated unemployment and subdued inflation mean interest rates are likely to stay low.
- Barack Obama blasts Republicans for failure of debt super committeeClearly miffed, Obama threatened to veto any legislation that would void the $ 600 bn in national defence cuts proposed by his Administrati...
- US Republican slams "over-the-top" spending for Obama's India tripSources say that a whopping $200 mn (Rs 900 cr) per day would be spent by various teams coming from the US in connection with Obama's two-d...
- US' $700 bn bailout worked, somewhat: WatchdogA US watchdog noted that there is broad consensus that the programs helped avert an economic calamity. More on Financial crisis | CEO depar...
- Oversight panel questions US Treasury on bailout planA panel reviewing US govt's $700 billion rescue package is questioning the Bush administration's spending of bailout funds. BSE Gainers: A,...
- US automakers' debt may be obstacle to loansGM alone spent $847 million on debt payments in the first nine months of the year.
- US Treasury chief to appeal for massive bailout packageUS Treasury Secretary Henry Paulson was to testify in Congress Tuesday as lawmakers pressed on with tough negotiations on a 700-billion-dol...
- US lawmakers negotiate massive bailout packageUS lawmakers stepped up tough negotiations on a 700-billion dollar bailout for the US economy under pressure from global markets and Presid...
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