Tag : Federal Reserve System

Politics

Yellen Readies Big Changes for Treasury

News and Gossip
WASHINGTON — Two years ago, Janet L. Yellen co-signed a letter to Treasury Secretary Steven Mnuchin urging him not to move forward with plans to...
Politics

Lawmakers Resolve Fed Dispute as They Race to Close Stimulus Deal

News and Gossip
Mr. Toomey and his Republican allies argued that his original proposal merely codified what Congress intended in March when it enacted the original $2.2 trillion...
Politics

Congress Grasps for Stimulus Deal as Fed Dispute Poses Final Hurdle

News and Gossip
Referring to the March stimulus law, Mr. Bernanke added, “The relief act should ensure, at least, that the Federal Reserve’s emergency lending authorities, as they...
Politics

Congress Clears Two-Day Spending Extension to Finalize Stimulus Deal

News and Gossip
Negotiators worked into Friday night to put the finishing touches on key details of the stimulus compromise, continuing negotiations on how long unemployment benefits should...
Politics

What Is 13-3? Why a Debate Over the Fed Is Holding Up Stimulus Talks

News and Gossip
As markets melted down in March, the Federal Reserve unveiled novel programs meant to keep credit flowing to states, medium-sized businesses and big companies —...
Politics

Mnuchin Grilled Over Whether Relief Money Was Politicized

News and Gossip
WASHINGTON — Treasury Secretary Steven Mnuchin was rebuked by a congressional oversight panel over his management of the economic relief effort on Thursday, with members...