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U.S. Senate Committee on Banking, Housing, and Urban Affairs

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Top U.S. Senate Committee on Banking, Housing, and Urban Affairs Articles see all

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  • Federal Reserve nominee Stanley Fischer defends Citigroup tenure

    Federal Reserve nominee Stanley Fischer defends Citigroup tenure
    WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on average Americans.
  • Key senators agree on plan to replace Fannie Mae and Freddie Mac

    Key senators agree on plan to replace Fannie Mae and Freddie Mac
    WASHINGTON — Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward with bipartisan agreement from key senators on a plan to overhaul the housing finance system. The proposal released Tuesday would...

    Fed chief Yellen indicates stimulus cuts will continue

    Fed chief Yellen indicates stimulus cuts will continue
    WASHINGTON — The Federal Reserve is trying to figure out how much of the recent economic slowing was caused by the harsh winter weather, a determination that could prompt it to reconsider how fast it pulls back on its key economic stimulus. In...

    New Fed chief Janet Yellen signals further cuts in stimulus

    New Fed chief Janet Yellen signals further cuts in stimulus
    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...

    Lawmakers want Fed board to approve big bank enforcement actions

    Lawmakers want Fed board to approve big bank enforcement actions
    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....