Latest news on ‘Governance’
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Dodd to offer his own financial regulation bill
WASHINGTON (AP) – Unable to muster bipartisan agreement on key banking provisions, Senate Banking Committee Chairman Christopher Dodd said Thursday he will offer his own version of a sweeping [...]
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Fed’s vice chairman to step down
NEW YORK (CNNMoney.com) – Donald Kohn, the vice chairman of the Federal Reserve, announced plans Monday to resign from the U.S. central bank when his term ends in June.
Kohn, 67, [...] -
TREASURIES-Rise in Asia, but auction, Bernanke eyed
TOKYO (Reuters) – U.S. Treasuries edged up in Asia on Thursday but gains were limited as investors braced for a seven-year note auction and another testimony from Federal Reserve Chairman [...]
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Treasury Prices Rise On Bernanke, Weak New Home Sales Data
NEW YORK (Dow Jones)–Prices of Treasury securities rose mid-morning Wednesday following reassurance from the Federal Reserve Chairman Ben Bernanke that interest rates will stay low to support the economy and [...]
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Dollar Mixed Ahead of Bernanke Testimony
Associated Press – The dollar was mixed Monday against major currencies as uncertainty persisted over European debts.
Markets are also looking to testimony later this week from Federal Reserve Chairman Ben [...] -
Study: States must fill $1 trillion pension gap
HARRISBURG, Pa. (AP) – States may be forced to reduce benefits, raise taxes or slash government services to address a $1 trillion funding shortfall in public sector retirement benefits, according [...]
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Taking stock of Obama’s economic policies
By Tami Luhby
-The White House Council of Economic Advisers is set to release Thursday morning a 300-page review of the president’s economic initiatives.
The annual report, which is delivered to Congress, [...] -
TREASURIES-Bonds fall on Bernanke comments, poor auction
By Chris Reese (Reuters) – U.S. Treasuries fell on Wednesday after Federal Reserve Chairman Ben Bernanke outlined how the U.S. central bank would eventually reverse its loose monetary policy, and [...]
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Obama says budget built on smart investments
WASHINGTON (AP) – President Barack Obama says his new $3.83 trillion budget is filled with “investments we must make” to boost employment and solidify the economy.
The plan would boost this [...] -
Senate Backs Bernanke For Second Term At Fed
WASHINGTON (Reuters) – The Senate on Thursday backed Ben Bernanke for a second four-year term running the Federal Reserve, the world’s most powerful central bank, despite deep misgivings over his [...]
