Submit a Story!
Votes
topics:

vote down flag
nakedcapitalism.com - 11/4/2009
The creeping power grab by the executive branch and Federal Reserve
—
By Edward Harrison of Credit Writedowns Yves is tied up in the never-ending ordeal that is writing a book, so I will fill in a few gaps by posting on NC today. Let’s wish Yves well in getting this thing sorted. The power grab at the Federal Reserve is a topic I first broached back in ...
Mishkin Defend Bubbles (and of Course, the Fed)
nakedcapitalism.com - 25 days ago
Mishkin Defend Bubbles (and of Course, the Fed)
— nakedcapitalism.com — The press becomes more surreal with every passing day. If we didn’t all have a stake in... the outcomes, this would make for great theater. First we have the absurd spectacle of bankers claiming that they are doing God’s work. Great! Then ... (more) Mishkin Defend Bubbles (and of Course, the Fed)

Comments vote down Bear Mountain Bull found this 25 days agofound this
moneywatch.bnet.com - 23 days ago
Why The Federal Reserve Needs To Be Independent
— moneywatch.bnet.com — There are several bills that have been proposed in Congress directed at the Federal Reserve. The two... most prominent proposals are Senate Banking Committee Chairman Christopher Dodd’s bill to take away most of the Fed’s regulatory authority , and ... (more) Why The Federal Reserve Needs To Be Independent

Comments vote down Economist's View found this 23 days agofound this
federalreserve.gov - 26 days ago
November 9, 2009
— federalreserve.gov — Release Date: November 9, 2009 For immediate release The Federal Reserve Board on Monday said that 9... of the 10 Bank Holding Companies (BHCs) that were determined in the Supervisory Capital Assessment Program (SCAP) earlier this year to need to ... (more) November 9, 2009

Comments vote down FT Alphaville found this 26 days agofound this

Blog Reactions

Bear Mountain Bull:  Power Grab

Comments
Blog Reactions

Power Grab
Bear Mountain Bull — The executive branch and the Fed seem to be able to do pretty much whatever they please , without Congressional approval. But, then again, I don’t see anybody asserting many ‘checks and balances’ on Congress either. I think that’s up to us, the voters. The power grab at the Federal Reserve is a topic I first broached back in February when the Federal Reserve was creating its alphabet soup of liquidity programs to pull us back from the brink of financial disaster. I was troubled about Fed policy then and I am still troubled today. I am equally disturbed by what is happening in ...

Related Content
Federal Reserve Bank of New York
newyorkfed.org 10/19/2009 — Numerous Federal Reserve communications have indicated that reverse repurchase agreements are a tool that could be used to support a reduction in monetary accommodation at the appropriate time. Over the past year, the Federal Reserve Bank of New York ...
Federal Reserve Releases “Real” FOMC Statement
ritholtz.com 8/18/2009 — James Bianco is founder and CEO of Bianco Research in Chicago. He has been producing fixed income research with a circulation of hundreds of portfolio managers and traders since 1990. Jim’s commentaries have a special emphasis on: money flow ...
Federal Reserve reverse repurchases
econbrowser.com 9/28/2009 — Here I offer some thoughts on Bloomberg's account that the Fed has made inquiries with its dealers about the feasibility of a significant increase in the Fed's reverse repo operations. First, a little background. The traditional tool of monetary ...
Fed Watch: Fed-Treasury Accord
economistsview.typepad.com 3/24/2009 — Tim Duy on the Fed's efforts to maintain its independence: Fed Treasury Accord, by Tim Duy : The Fed and Treasury released a joint statement yesterday afternoon that was lost amid the official release of the Geithner Plan (hat tip Across the Curve ...
Who Owns the Federal Reserve?
prudentinvestor.blogspot.com 5/20/2009 — As my first attempt to get a list of current shareholders of the semi-private Federal Reserve in late 2008 did never yield an answer I sent an inquiry to the Federal Reserve Board (FRB) today. As this is still the most important institution in terms of influencing markets I wonder why the Fed ...
A Call For Greater Accountability For the Fed
nakedcapitalism.com 5/22/2009 — It's been obvious to anyone who bothered paying attention that the Fed is increasingly acting as an extension of the Administration, without the oversight and disclosure to which the Executive Branch is subject. For instance, only the Federal ...
Federal Reserve balance sheet
econbrowser.com 12/22/2008 — Here I survey how we got here, where things currently stand, and what it all means. Let me begin by reviewing some first principles of what the Fed is all about. How did the cash currently in your wallet get there? You withdrew it from an ATM, ...
GUEST CONTRIBUTION - William Greider: Dismantle the Fed
prudentinvestor.blogspot.com 7/20/2009 — The calls for shutting down the Federal Reserve are rapidly growing into a chorus. William Greider , author of undeniably the best book about the Fed, " Secrets of the Temple - How the Federal Reserve Runs the Country " chimes in these days too. His book was my first milestone on the never ...
FRB: Press Release--Joint statement by Treasury and Federal Reserve on the Federal Reserve's role in preserving financial and monetary stability--March 23, 2009
federalreserve.gov 3/24/2009 — The Role of the Federal Reserve in Preserving Financial and Monetary Stability Joint Statement by the Department of the Treasury and the Federal Reserve Introduction Sound economic performance requires both financial stability and monetary stability. ...
Federal Reserve - Business Exchange
bx.businessweek.com 9/23/2009 — The Federal Reserve is the central bank of the United States. Created in 1913 by the Federal Reserve Act, the Fed’s chief function is to regulate the country’s fiscal policy in order to maintain economic success in a fluctuating market. Ben Bernanke ...
The Fed's Potent Medicine — BusinessWeek.com -- Finance 11/4/2009
Like any strong prescription, loose monetary policy may have some undesirable side effects—namely, commodity speculation and further dollar weakness
The Fed Vows to Keep Rates Low — BusinessWeek.com -- Finance 11/4/2009
BusinessWeek's Peter Coy talks about the Fed's decision to keep rates at a record low of zero to 0.25%. It helps the recovery but fuels speculation in gold and oil and against the dollar.
A Whole New Playbook for the Fed — BusinessWeek.com -- Finance 11/4/2009
Unconventional easing requires unconventional tightening. With no road map from past experience, the Fed has to feel its way along to reverse the largest monetary accommodation in history
Monetary policy: Leaders and laggards — The Economist: Full print edition 30 days ago
Central banks pick different paths back to normality CENTRAL banks in the rich world cut interest rates in lockstep in 2008 as the world economy spiralled. Their paths back to normal interest rates will be more disparate. Some are already en route. ...
Overview — The Economist: Full print edition 30 days ago
The Federal Reserve kept the target range for its benchmark federal funds rate at 0-0.25%. The Fed said economic activity had picked up but would probably remain weak for a while. With inflation subdued, the federal funds rate was likely to remain ...