Financial Regulatory Forum

Fed mulling debt sales as U.S. economy recovers

February 17, 2010

By Pedro da Costa and Mark Felsenthal

WASHINGTON, Feb 17 (Reuters) – Several Federal Reserve policymakers want to begin selling securities relatively soon to cut back on the massive amount of cash they have poured into the financial system, the U.S. central bank said on Wednesday.

U.S. Fed’s Hoenig backs bank break-ups where needed

January 5, 2010

By Mark Felsenthal

ATLANTA, Jan 5 (Reuters) – A top U.S. Federal Reserve official on Tuesday backed stripping banks of risky operations, suggesting growing support for breaking up large firms to prevent excesses that could undermine financial stability.