Federal Reserve Board

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  Bernanke Tells Senate, Failure to Raise Debt Limit Is 'Risky'; Dodd-Frank Repeal Debated

  By Melanie Waddell, AdvisorOne  |  May 12, 2011

  Ben Bernanke said Thursday that failure by Congress to raise the debt ceiling is a “risky approach” that, at a minimum, would result in an “increase in interest rates that would worsen” the nation’s economy. The Senate committee also delved into the implementation of the Dodd-Frank Act and efforts by...

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  Fed's Bernanke, in First Press Conference, Rules Out QE3

  By Melanie Waddell, AdvisorOne  |  April 27, 2011

  Federal Reserve Board Chairman Ben Bernanke said during his first press conference that the economic recovery was “proceeding at a moderate pace and overall conditions in the labor market are improving gradually.” He also said the Fed was “looking carefully at inflation.”

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  Don’t Check Common Sense at the Door

  By Bob Seawright, Madison Avenue Securities  |  April 3, 2011

  As markets and products gain in popularity, the frothier and risker they become.

• Moody's Revised MMF Rating Proposal Still Faces Scrutiny

  By Melanie Waddell, AdvisorOne  |  March 31, 2011

  Market participants are objecting to a proposal by Moody’s Investor Service to rate money market funds by partially relying on a fund sponsor’s ability and willingness to support a “distressed fund”—that is, a fund that’s about to “break the buck” or is in financial distress.

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  Senate Republicans Urge Slowdown of Dodd-Frank Rules

  By Melanie Waddell, AdvisorOne  |  February 17, 2011

  Republican senators want to extend the comment periods on rule proposals and conduct more “rigorous” analysis on those rules—including one on putting brokers under a fiduciary standard of care.

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  Rep. Neugebauer Floats Bill to Put CFPB in Treasury Dept.

  By Melanie Waddell, AdvisorOne  |  February 14, 2011

  Rep. Randy Neugebauer, R-Texas, chairman of the Oversight and Investigations Subcommittee of the House Financial Services Committee introduced a bill on Feb. 8, which would move the Consumer Financial Protection Bureau into the Treasury Department.

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  Inspectors General of Treasury, Fed, Release Report to Rep. Spencer Bachus on CFPB

  By Melanie Waddell, AdvisorOne  |  January 21, 2011

  The Inspectors General of the Treasury Department and the Federal Reserve Board have delivered a 34-page report to Rep. Spencer Bachus, R-Ala., and Rep. Judy Biggert, R-Ill., regarding the Treasury Department’s activities in establishing the CFPB.

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  Fed Confirms Monetary Policy, QE2 as Currency War Prospects Rise

  By Joyce Hanson, AdvisorOne  |  December 14, 2010

  The Fed signaled no change to U.S. monetary policy on Tuesday, leaving intact its $600 billion QE2 plan.

• Fed to 'Enhance' Truth in Lending

  By John Sullivan, AdvisorOne  |  August 16, 2010

  The Federal Reserve Board on proposed enhanced consumer protections and disclosures for home mortgage transactions.

• Fixed Annuity Sales in Bank Channel Plunge 30%

  By John Sullivan, AdvisorOne  |  July 27, 2010

  Sales off 61% compared with the first quarter 2009