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Scott Garrett

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Top Scott Garrett Articles see all

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  • Yellen defends Fed independence, faces House Republican criticism

    NEW YORK/SAN FRANCISCO (Reuters) - The U.S. Federal Reserve's policy statement, unchanged for the last four months, will probably stay that way until at least September for one main reason: slow wage growth.
  • U.S. House passes spending bill with Dodd-Frank changes

    WASHINGTON (Reuters) - The Republican-led U.S. House of Representatives on Wednesday passed a bill to slash funding for Wall Street oversight and revamp new agencies dedicated to cracking down on fraud against consumers and policing risks after the...

    Lawmaker questions NY Fed role in U.S. regulatory risk panel

    WASHINGTON (Reuters) - A congressman is questioning whether the New York Federal Reserve bank is exerting undue influence during closed-door meetings of an oversight council tasked with identifying risks posed by large financial firms. In a letter to New...

    A diplomatic call for comfort women

    A diplomatic call for comfort women
    Rep. Adam Schiff urged the country’s top diplomat this week to press Japanese political leaders to formally recognize women used as sex slaves by the Imperial Army during World War II. The Burbank Democrat, along with two of his Congressional...

    Despite bailout, federal housing agency on right track, official says

    Despite bailout, federal housing agency on right track, official says
    WASHINGTON -- The head of the Federal Housing Administration, which recently received $1.7 billion in its first-ever bailout, said the agency was headed in the right direction, as she faced intense Republican criticism during a lengthy congressional...