Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Monetary policy too big to fail on House hearing agenda
WASHINGTON (7/16/09)—Federal Reserve Board Chairman Ben Bernanke is scheduled to deliver his semiannual report on monetary policy and the state of the economy before the House Financial Services Committee July 21. Bernanke will repeat his remarks before the Senate Banking Committee at a date yet to be made public. Also newly noticed on the House committee’s hearing schedule, and also slated for July 21, is an examination of the issues of “too big to fail” financial institutions. The committee’s study of systemic risk will look at whether some institutions truly are too big for the country to allow them to fail and, if so, what should be done about such a situation. A witness list was not yet available.


RSS print
News Now LiveWire
ABC News, others report Staples is looking into a potential credit card data breach.
4 minutes ago
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
15 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
16 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
18 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
19 hours ago