| Jan 6, 2014
| 6:49 AM
WASHINGTON -- Senators on Monday are expected to confirm Janet L. Yellen as the next head of the Federal Reserve, scheduling a late afternoon vote that could be the closest ever for a leader of the central bank.
Yellen, 67, a former UC Berkeley...
| Feb 12, 2014
| 8:27 AM
WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions.
Sen. Elizabeth Warren of Massachusetts and Rep....
| Nov 12, 2013
| 4:25 PM
WASHINGTON -- The White House warned Congress on Tuesday that slapping new sanctions on Iran could sink international negotiations to curb Tehran’s nuclear program and send America on a “march to war.”
In the latest ratcheting up of...
| Feb 11, 2014
| 5:39 PM
WASHINGTON — The Federal Reserve's new leader, Janet L. Yellen, signaled that the central bank is likely to keep scaling back its signature stimulus program despite a recent string of weak economic data.
Making her first congressional appearance...
| Nov 21, 2013
| 10:36 AM
Pennsylvania Republican Sen. Pat Toomey voted against President Barack Obama’s choice to lead the Federal Reserve Bank, citing concerns over the central bank maintaining low interest rates.
The vote Thursday in the Senate Banking Committee, of...
| Nov 22, 2013
| 5:24 PM
WASHINGTON — After pushing through one of the most significant rule changes in Senate history, Majority Leader Harry Reid struck a solemn tone: "This is not a time for celebration."
But behind closed doors in a room off the Senate floor, some of...
| Dec 12, 2013
| 8:38 AM
WASHINGTON — The Obama administration on Thursday blacklisted more than a dozen companies and individuals for allegedly helping Iran evade international sanctions, in a move aimed at showing it would maintain pressure on Tehran even after an interim...
| Dec 12, 2013
| 3:48 PM
WASHINGTON — The Obama administration added 17 foreign companies and individuals to a federal blacklist Thursday for allegedly helping Iran evade economic sanctions, a move intended both to maintain pressure on Tehran during upcoming nuclear...
| Dec 13, 2013
| 2:39 PM
WASHINGTON – Despite intense lobbying, advocates of imposing new sanctions on Iran failed to advance key legislation in Congress this week, a sign that the Obama administration may have more support for its pleas of restraint than it appears....
| Nov 13, 2013
| 11:18 AM
WASHINGTON -- The Obama administration’s dispute with Israel over Iran intensified Wednesday, even as Secretary of State John F. Kerry prepared to visit Capitol Hill to ask lawmakers to hold off on new sanctions that could disrupt pending...
| 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...