Financial Regulatory Forum

Bernanke defends Fed small bank supervision role

March 18, 2010

   By Mark Felsenthal
   WASHINGTON, March 17 (Reuters) – Top U.S. central bankers present and past on Wednesday joined forces against a plan to strip the Fed of its oversight of smaller banks, saying the knowledge it gains from that role is vital to monetary policy. (more…)

U.S. Fed Vice Chairman Kohn to step down, Obama gets chance to reshape

By Reuters Staff
March 1, 2010

By Mark Felsenthal

WASHINGTON, March 1 (Reuters) – Federal Reserve Vice Chairman Donald Kohn, a 40-year veteran of the U.S. central bank, will step down in late June, giving President Barack Obama a chance to reshape the institution.

Bernanke lays out vision for Fed monetary exit

By Reuters Staff
February 10, 2010
Eyes on the punch bowl

Eyes on the punch bowl

By Mark Felsenthal

WASHINGTON, Feb 10 (Reuters) – Federal Reserve Chairman Ben Bernanke on Wednesday detailed how the U.S. central bank will begin to wean the economy off its extraordinary stimulus, even as he stressed it was not yet time to do so.

US Senate backs Bernanke for second term at Fed

By Reuters Staff
January 28, 2010

By Mark Felsenthal and Thomas Ferraro

WASHINGTON, Jan 28 (Reuters) – The U.S. Senate on Thursday approved Ben Bernanke’s nomination to a second four-year term running the Federal Reserve, the world’s most powerful central bank, despite deep misgivings over his perceived policy missteps.

Bernanke confirmation shakier as more Democrats defect

By Reuters Staff
January 22, 2010

By Thomas Ferraro and Pedro da Costa

WASHINGTON, Jan 22 (Reuters) – Ben Bernanke’s nomination for a second term as U.S. Federal Reserve chairman, once seen a sure thing, appeared increasingly under threat on Friday after two Senate Democrats said they would vote against it.

Bernanke seeks government audit of Fed’s AIG bailout

By Reuters Staff
January 19, 2010

WASHINGTON, Jan 19 (Reuters) – U.S. Federal Reserve chairman Ben Bernanke on Tuesday asked a government auditor to review the Fed’s actions in bailing out American International Group Inc in 2008, as controversy persisted over the central bank’s role in extending billions in credit to the insurer.

U.S. Fed chief Bernanke says ‘exit’ strategy essential for dollar confidence

By Reuters Staff
October 19, 2009

Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. (File Photo) REUTERS/Kevin Lamarque SANTA BARBARA, Calif., Oct 19 (Reuters) – Federal Reserve Chairman Ben Bernanke on Monday said that the performance of the dollar and the U.S. economy will depend on the government’s success in controlling the country’s budget deficit.

Lift seen for Obama financial reform on Fed shift

October 2, 2009

Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee on financial regulatory reform on Capitol Hill in Washington October 1, 2009. REUTERS/Richard Clement (UNITED STATES BUSINESS POLITICS) By Kevin Drawbaugh
WASHINGTON, Oct 1 (Reuters) – The Obama administration’s plan to form a “systemic risk” regulator for the economy looked more likely to win congressional approval after lawmakers noted a change in tone by the Federal Reserve on Thursday.

New US Council, not just Fed, must eye risk

October 1, 2009

Chairman of the Federal Reserve Ben Bernanke speaks at the Congressional Black Caucus Foundation's 39th Annual Legislative Conference at the Washington Convention Center in Washington, September 25, 2009.   REUTERS/Larry Downing (UNITED STATES POLITICS BUSINESS)   By Kevin Drawbaugh
   WASHINGTON, Sept 30 (Reuters) – The head of the Federal Reserve will step back from one of the most controversial parts of the Obama administration’s drive for financial regulation reform, saying sweeping new oversight powers proposed for the U.S. central bank should be shared with other regulators. (more…)

Full text of Federal Reserve’s Bernanke to Congress

October 1, 2009

FINANCIAL-REGULATION/    WASHINGTON, Sept 30 (Reuters) – The following is the full text of remarks due to be delivered to the U.S. House Financial Services Committee on Thursday, Oct. 1 by Federal Reserve chairman, Ben Bernanke: (more…)