President Biden is considering nominating Richard Cordray, former director of the Consumer Financial Protection Bureau, to serve as vice-chairman of banking supervision at the Federal Reserve, The Wall Street Journal reported Tuesday.
MoreThe Senate voted 84-15 Monday to confirm Janet Yellen, former chair of the Federal Reserve, as secretary of the Department of the Treasury (USDT). Yellen’s confirmation made her the first woman to
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President-elect Joe Biden has selected Janet Yellen, former chair of the Federal Reserve, to be secretary of the Treasury and Neera Tanden, president and CEO of the Center for American Progress, to
MoreA Federal Reserve study says the U.S. government’s use of import tariffs resulted in higher prices and job losses in the U.S. manufacturing sector, MarketWatch reported Sunday.
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President Trump intends to nominate Rep. Darrell Issa, R-Calif., as director of the U.S. Trade and Development Agency.Issa previously served as chair of the House committee on oversight and government reform, the
MoreJerome Powell, a Federal Reserve governor since May 2012 with nearly three decades of business experience, has been nominated by President Donald Trump to chair the central bank, the White House announced
MoreA new Congressional Budget Office report says the federal budget deficit for the first half of fiscal 2017 reached $522 billion, approximately $63 billion higher than the agencyâs shortfall estimates for the same period
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A new Congressional Budget Office report shows that federal budget shortfall hit $159 billion after the first four months of fiscal 2017, approximately $1 billion lower than the figure recorded for the same period in
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The U.S. Federal Reserve has recorded more than 50 cybersecurity breaches from 2011 through 2015, Reuters reported Wednesday. Reuters obtained Federal Reserve records which cover cyber attacks that affected the Board of Governors since it
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Ben Bernanke, former Federal Reserve board chairman and a current fellow at the Brookings Institution, believes that sequester-level cuts in the defense budget are indicative of “bad economic policy,” the Fiscal Times reported Monday. Rob
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