federal reserve chairman

Word has leaked that Barack Obama has selected New York Federal Reserve President Timothy Geithner for Treasury Secretary.

Wall Street liked the news. The Dow rose nearly 500 points after news broke of Geithner’s forthcoming appointment.

US Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke defend the $700bn bank bail-out plan.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday that the $700 billion bailout program was making progress despite increasing criticism of it in recent weeks.

Federal Reserve Chairman Ben Bernanke said Friday that the federal government will need to continue to play a role in the future of the mortgage financing market.

First Colin Powell endorses.

Then, the former Republican governors of Massachusetts and Minnesota backed Obama.

This time it’s Larry Pressler, the first Vietnam vet to ever win a senate seat.

And from a decidedly red state at that.

Former Federal Reserve chairman Alan Greenspan likens the financial turmoil to a "once in a century credit tsunami".

Former Federal Reserve Chairman Alan Greenspan told a House committee Thursday that the nation will emerge from the current credit crisis with a "far sounder financial system."

There are increasing signs that frozen credit markets are thawing, and Federal Reserve Chairman Ben Bernanke says he could support another stimulus package.

David Wessel, economics editor of The Wall Street Journal, talks about whether another stimulus package can stave off a recession.

» E-Mail This     » Add to Del.icio.us