Latest articles by Jerome Idaszak
-
Congress Treats Bernanke With Less Respect
Politics The shift in tone was subtle, but there was no doubt that the relationship between Congress and the Federal Reserve is changing, with more Hill demands for openness.
Politics -
Congress Swims in Dangerous Fed Waters
Politics Republicans (and some Democrats) are agitated over a new White House plan to give the Fed more regulatory power to prevent another crisis in the financial system, which some say caused the recession, and which certainly made things worse. Officials at the Fed have said they need more authority to step in, while critics say the Fed was deceptive and secretive in actions that it took involving Bear Stearns, Lehman Brothers and other financial firms.
Politics