Will the bull run continue? The question is whether conditions are ripe for economic growth and corporate earnings to rise.» Read More
NEW YORK/ ABU DHABI, March 4- Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Bernanke was paid at least $250,000 for his first public speaking engagement, in Abu Dhabi, since stepping down in January, according to sources familiar with the matter.
Lawyers for the business lobby group are combing through the 1995 Unfunded Mandates Reform Act, which the Office of the Comptroller of the Currency has said directs it to assess the economic impact of any new rule that will cost the government or private sector $100 million or more.
*Testimony at 8:30 a.m., hearing at 10 a.m.. WASHINGTON, Feb 11- The health of the U.S. economy and the extraordinary and controversial measures the Federal Reserve has taken to support it will top the agenda on Tuesday when Janet Yellen testifies to lawmakers for the first time as head of the Federal Reserve.
WASHINGTON, Feb 4- U.S. financial regulators have formed a working group to coordinate implementation of the Volcker rule, which bans banks from proprietary trading, top regulatory officials plan to tell lawmakers on Wednesday.
NEW YORK, Feb 3- Former Federal Reserve Chairman Ben Bernanke began his new job at the Brookings Institution on Monday, wasting no time getting back to work just three days after ending his tenure as head of the world's most powerful central bank.
*Senate votes 56-26 to confirm Fed vice chair for top job. WASHINGTON, Jan 6- Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.
*Senate voteS 56-26 to confirm Fed vice chair for top job. WASHINGTON, Jan 6- Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.
CNBC's Mary Thompson reports regulators are reviewing a ban on banks holding certain debt securities, and explains how this will impact smaller banking institutions.
Former Fed Chair Sheila Bair shares her thoughts on the Volcker Rule and weighs in on the state of the banking sector. CNBC's Rick Santelli provides perspective.
WASHINGTON, Dec 23- The American Bankers Association on Monday initiated a legal challenge to a provision of the "Volcker rule" that restricts bank ownership of certain investments. CB&T Bancshares Inc and its Citizens Bank and Trust Co subsidiary also signed on to the court filing, as did MBT Financial Corp and its Monroe Bank and Trust Co subsidiary.
Three Fed chairmen from different eras: Paul Volcker, Ben Bernanke and Alan Greenspan. CNBC's Steve Liesman provides insight.
Dec 16- The Federal Reserve must clearly explain its decisions to Americans and convince them that the policies are in their interest, Chairman Ben Bernanke said on Monday without specifically discussing monetary policy or the U.S. economy.
Looking back on 100 years of the Federal Reserve, with Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow and CNBC's Steve Liesman.
The Federal Reserve is marking 100 years today with speeches from all living Fed Chairmen: Paul Volcker, Alan Greenspan and Ben Bernanke. Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow, discuss.
WASHINGTON, Dec 10- U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable business for Wall Street before the credit crisis.
WASHINGTON, Dec 10- U.S. regulators on Tuesday adopted a rule to prevent banks from behaving like hedge funds, called the Volcker rule after former Federal Reserve Chairman Paul Volcker.
CNBC's Kate Kelly reports how the tougher rules under the Volcker Rule are impacting banks.
CNBC's Eamon Javers breaks down the 5 key exemptions of the Volcker Rule, including underwriting and risk mitigated hedging.
CLSA research analyst Mike Mayo shares his views on the Volcker Rule and says that "there's always ways for smart bankers and lawyers to get around" such precise regulations.
WASHINGTON, Dec 10- U.S. regulators toughened key sections of the Volcker rule's crackdown on Wall Street's risky trades on Tuesday as they finalized one of the harshest reforms after the credit meltdown.