Content Tagged As financial_meltdown

4 years 11 months ago

Financial overhaul passes panel

A House panel has approved legislation that slaps new restraints on big Wall Street institutions and demands greater openness from the nation's central bank. The bill is part of a sweeping regulatory overhaul that the House plans to vote on next week. The House Financial Services Committee voted 31-27 along...

5 years 1 month ago

Fed boss sees no rush to boost rates

Federal Reserve Chairman Ben Bernanke sent a fresh signal yesterday that he's in no rush to reverse course and start boosting interest rates. The Fed's key bank lending rate is now at a record low near zero and will probably stay there for an "extended period," Bernanke said in a...

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