| Aug 18, 2014
| 2:28 PM
WASHINGTON (Reuters) - A bipartisan group of lawmakers on Monday urged the Federal Reserve to restrict its crisis lending programs for big banks, which were criticized as bailouts during the 2007-2009 meltdown.
During the crisis, the Fed invoked its...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| May 19, 2014
| 12:07 PM
Tim Geithner's valuable career as a civil servant culminated in four high-powered years as Treasury secretary. His recent book about those experiences captures the traumas and tensions of the financial crisis.
He rightly takes credit for what most...
| Nov 14, 2013
| 8:39 AM
WASHINGTON -- Federal Reserve chair nominee Janet L. Yellen strongly defended the central bank's stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover....
| Oct 26, 2013
| 1:25 PM
A gaffe about his opponent's race, allegations that he is the backseat driver from hell and, most recently, an indelible photograph of him in the middle of a wild party of teenagers — is Maryland Attorney General Douglas F. Gansler having the...
| Nov 14, 2013
| 5:16 PM
WASHINGTON — At her confirmation hearing, Janet L. Yellen demonstrated two qualities that analysts said led to her nomination as the next Federal Reserve chief: a commitment to continuing its aggressive stimulus efforts and a low-key ability to...
| Oct 14, 2013
| 6:28 AM
There are so many to choose from, but these four take the cake. In no particular order:
1. The Vitter amendment. Concocted by David Vitter (R-La.), this majestically cynical measure is based on the common misconception that members of Congress and their...
| Oct 15, 2013
| 8:25 AM
Among the proposals coming from House Republicans this morning to end the shutdown/debt limit standoff is a modified version of the Vitter amendment. I identified this measure Monday as one of the four stupidest proposals to end the crisis.
| Jan 27, 2014
| 7:37 PM
NEW ORLEANS — Mayor Mitch Landrieu strode into a battered city park in the troubled Central City neighborhood one recent Saturday, stopping to clap a boy on the shoulder and watch him twirl a basketball. Wearing jeans, sneakers and a New Orleans...
| Jan 4, 2014
| 5:57 PM
WASHINGTON — Forget the chicken dinner, the rubbery staple of the political fundraising circuit.
Go alligator hunting with Sen. David Vitter (R-La.) on a Louisiana Bayou Weekend for a campaign donation of $5,000.
Or spend a weekend in Hayward,...
| Jan 6, 2014
| 12:35 PM
WASHINGTON — Wisconsin Sen. Ron Johnson filed suit Monday to challenge what he called the Obama administration’s abuse of executive authority in issuing rules over how members of Congress and their staff receive coverage under the president&...