In a viral exchange back in March, Sen. Elizabeth Warren (D-Mass.) grilled Federal Reserve Chair Jerome Powell over the unemployment caused by the Fed’s recent rate hiking cycle. “Do you call laying off two million people this year not a ‘sharp’ increase?” the senator asked. “Explain that to the two million families who are going…
High Interest Rates Are Not the Problem; Decades of Low Rates Were: Grant Williams
May 19, 2023
admin
ArchivedBusiness & Marketscentral bankseconomic policiesFederal Reservegrant williamsJanet YellenNewsPoliticsUSUS News
0 Comment
LIVE NOW: Federal Reserve Chair Powell, Former Chair Bernanke Speak About Monetary Policy at Fed Conference
Jerome Powell, chair of the Board of Governors of the Federal Reserve System, and Ben Bernanke, former chair of the Board of Governors, speak about monetary policy at 11:00 a.m. ET on May 19 at the Thomas Laubach Research Conference hosted by the Federal Reserve. …
Federal Reserve Chair Powell, Former Chair Bernanke Speak About Monetary Policy at Fed Conference
Jerome Powell, chair of the Board of Governors of the Federal Reserve System, and Ben Bernanke, former chair of the Board of Governors, speak about monetary policy at 11:00 a.m. ET on May 19 at the Thomas Laubach Research Conference hosted by the Federal Reserve. …
Federal Reserve Must Not Become a Climate Policymaker, Senate Republicans Say
In a letter to Federal Reserve Chair Jerome Powell, a group of Senate Republicans criticized the central bank for initiating its climate agenda while the institution grapples with rampant inflation and banking turmoil. Upper chamber GOP officials, led by Sen. Dan Sullivan (R-Alaska), wrote that the Fed is inching toward implementing climate change into its…
LIVE 2:30 PM ET: Senate Banking Committee Hearing on ‘Strengthening Accountability at the Federal Reserve’
May 17, 2023
admin
congressEpochTVEpochTV LiveExecutive BranchFederal ReserveLive VideosPoliticsStrengthening AccountabilityU.S. Senate Banking CommitteeUSUS NewsVideo
0 Comment
The Senate Banking Committee conducts a hearing on Strengthening Accountability at the Federal Reserve: Lessons and Opportunities for Reform at 2:00 p.m. ET on May 17. …
LIVE NOW: Senate Banking Committee Hearing on ‘Strengthening Accountability at the Federal Reserve’
May 17, 2023
admin
congressEpochTVEpochTV LiveExecutive BranchFederal ReserveLive VideosPoliticsStrengthening AccountabilityU.S. Senate Banking CommitteeUSUS NewsVideo
0 Comment
The Senate Banking Committee conducts a hearing on Strengthening Accountability at the Federal Reserve: Lessons and Opportunities for Reform at 2:00 p.m. ET on May 17. …
Senate Banking Committee Hearing on ‘Strengthening Accountability at the Federal Reserve’
May 17, 2023
admin
congressEpochTVEpochTV LiveExecutive BranchFederal ReserveLive VideosPoliticsStrengthening AccountabilityU.S. Senate Banking CommitteeUSUS NewsVideo
0 Comment
The Senate Banking Committee conducts a hearing on Strengthening Accountability at the Federal Reserve: Lessons and Opportunities for Reform at 2:00 p.m. ET on May 17. …
ANALYSIS: Stanford Professors Fear Half of US Banks Approaching Insolvency, as Navarro Blames ‘Biden’s Inflation’
May 16, 2023
admin
Business & MarketsCompanieseconomic policieseconomyFederal ReserveFirst RepublicnavarrorecessionSVBUSUS banksUS News
0 Comment
In a recent analysis, professors Anat Admati, Martin Hellwig, and Richard Portes present a scathing critique of the U.S. banking sector’s systemic issues, brought into focus by the 2023 banking crisis. Their analysis, in particular, centers around the failure of Silicon Valley Bank (SVB) and First Republic Bank, highlighting the systemic issues afflicting U.S. banks….
Cultural Shift in Federal Reserve Supervision Another Contributor to Banking Turmoil: House Panel
May 16, 2023
admin
Business & Marketseconomic policieseconomyFederal ReservePolicies & ImpactsSignature BankSilicon Valley BankUSUS News
0 Comment
Since the COVID-19 public health crisis, the Federal Reserve system has undergone a cultural shift in supervision, and this may have been another contributing factor to the turmoil in the banking system, a House committee heard. The House Financial Services Committee hosted a hearing on May 16. It featured testimony from Fed vice chair for…
Former Silicon Valley Bank CEO Apologizes for Bank’s Collapse in Senate Testimony
Former chief executive of Silicon Valley Bank (SVB) Greg Becker issued a public apology before a Senate committee on Tuesday. Becker expressed deep remorse for the devastating impact suffered by SVB’s employees, clients, and shareholders during the recent financial turmoil that led to the bank’s collapse. “I never envisioned myself or SVB being in this…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta