federal reserve

POSTED BY Megan Stiles January 30, 2015 Just one day after Senator Rand Paul introduced legislation requiring a full audit of the Federal Reserve, Federal Reserve Chair, Janet Yellen, was on the Hill meeting with Democratic Senators. From The Hill: Federal Reserve Chairwoman Janet Yellen...

Lessons Learned From the Federal Reserve’s Supervision of JPMorgan Read the document here http://www.ritholtz.com/blog/2015/01/lessons-learned-from-the-federal-reserves-supervision-of-jpmorgan-chase/

The Fed’s and Republicans’ War Against Dodd Frank and How That Preserves the Greenspan Put Posted on January 12, 2015 by Yves Smith A new story by Gretchen Morgenson of the New York Times highlights how the Federal Reserve and the Republicans* are on a full bore campaign to render Dodd Frank...

Majority Leader McConnell’s Aides Say Senate Will Vote on Ron Paul’s Audit the Fed Bill Thought this might be a small sign of hope for people here. I don't know if he'll actually do it. My money says no, but we shall see. We shall see... From BenSwann:

Wall Street is dismantling financial reform piece by piece while Federal Reserve Chair Janet Yellen and Congress look the other way, according to New Republic contributor David Dayen. Last week the Fed delayed by two years the Volcker rule, a prohibition on banks' proprietary trading in funds...

Jim Grant: "The Fed Has A 3rd Mandate... The Administration Of American Equity Prices" Having recently given us a two paragraph synopsis of all that is wrong with our financial market faith in fed officialdom, Jim Grant unleashes his critical wit and insight on CNBC to explain the Fed's new...

In October it was Jim Bullard's "QE4" hint that sent the stock market on an all-time record-breaking run of gains, which no lesser institution than the central banker's central bank - The BIS - lamented "the markets' buoyancy hinges on central banks' every word and deed." And then just two days...

The Fed says it can be ‘patient’ on Rate Hikes; Stock Market Jumps WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday dropped the pledge to keep rates close to zero for a “considerable time” and replaced it with new language that the U.S. central bank “can be patient in beginning” to...

Do Treasury Yields Prove QE Had No Effect? http://mises.ca/posts/blog/do-treasury-yields-prove-qe-had-no-effect/ Bob Murphy (15 December 2014) Now that the third round of quantitative easing (“QE3″) has officially ended, proponents of looser money are gleefully pointing to low U.S. Treasury...

With Congress and the White House seemingly set to butt heads for the next two years, left-leaning community and labor groups are turning to the Fed in an attempt to get an economic policy boost for middle- and working-class Americans. The resurgence of left-leaning interest in the Fed’s...

The financial crisis fundamentally changed the nature of central banking. Before he became chair of the Federal Reserve, Ben Bernanke agreed with the free market economist Milton Friedman that central bank policy played a key role in making the Great Depression the most severe in U.S. history...

The Federal Reserve sprung a previously unreported leak in October 2012, when potentially market-moving information about highly confidential monetary deliberations made its way into a financial analyst's private newsletter. The leak occurred the day before the scheduled public release of...

The Federal Reserve will ultimately return to quantitative easing, which will send stocks reeling and gold soaring, asserts Peter Schiff, CEO of Euro Pacific Capital. Now that the Fed has finished its third round of quantitative easing, it should leave well enough alone, he says. "The recession...

h/t LRC: http://www.lewrockwell.com/lrc-blog/gary-north-this-means-you/ New Scrutiny of Goldman's Ties to the New York Fed After a Leak http://dealbook.nytimes.com/2014/11/19/rising-scrutiny-as-banks-hire-from-the-fed/ Jessica Silver-Greenberg, Ben Protess and Peter Eavis (19 November 2014)...

NEW YORK (MarketWatch) — The hedge-fund manager who accurately predicted the crash of 2008 is once again sounding the alarm. This time around, Peter Schiff, the chief executive officer of Euro Pacific Capital who memorably predicted the collapse of the housing market in 2008 and the global...

Sens. Elizabeth Warren (D-Mass.) and Joe Manchin (D-W.Va.) are leaning on the White House to nominate Federal Reserve officials that will take a tougher stance with Wall Street. The Senate Banking Committee members urged President Obama to fill two vacancies on the Federal Reserve Board with...

https://www.youtube.com/watch?v=KBt0wvlQ638

This question arose in my head after watching what I consider to be a wonderfully done documentary on our monetary policy: "The Biggest Scam In The History Of Mankind - Hidden Secrets of Money 4" by Mike Maloney. In it, Mr. Maloney breaks down and tries to simplify the scheme that is our...

Janet Yellen, the first female chair of the Federal Reserve, is giving welcoming remarks Thursday morning at the Fed's National Summit on Diversity in the Economics Profession in Washington. In her speech, Yellen noted that both economics and finance recognized that diversity was fundamentally...

Federal Reserve hints at extending quantitative easing programme as markets recover from another day of turmoil Fed readies for QE4 17.20 Global stocks are recovering on the comments from James Bullard that the Fed should be open to continue its QE on the back of low inflation...