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Federal Reserve Board writes to Congress In a letter to Congress, the Federal Reserve Board, led by Chairman Ben Bernanke recommended a variety of...
Fingers usually point at Rep. Frank’s CRA It is a common belief that subprime crisis was caused by the Community Reinvestment Act (CRA) which...
Bernanke expresses confidence In a speech this morning to the Economic Club of Washington, D.C., Federal Reserve Chairman Ben Bernanke discussed with the crowd...
Image Courtesy of creativecommons.org I’m in the Airport Tomorrow is the meeting of the Professional Standards Interpretations and Procedures subcommittee in Chicago. I arrived...
The Fed dropped rates by a whopping 0.75% this morning. This was not expected at all. This is the biggest drop in rates since...