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Yellen defends tougher banking regulations

Federal Reserve Chair Janet Yellen says the financial health of the nation's banking system has strengthened considerably since the 2008 financial crisis, in part because of tougher regulations passed by … Click to Continue »
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The Federal Reserve missed clues that should have alerted them of the financial crisis, Fed Chair Janet Yellen said on Friday during a speech at Harvard University. “We saw trees, and the house price bubble was a tree,” Yellen admit...

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Lawmakers grill Fed chair on oversight of financial system during contentious hearing

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Federal Reserve Chair Janet Yellen on Wednesday defended the central bank’s tighter oversight of the financial system as essential for a stronger banking system during a contentious hearing on Capitol Hill. Yellen’s appearance was i...

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