Charles Schumer (D., N.Y.), a leading Democrat on the Senate Banking Committee, said Friday that Stanley Fischer shouldn't have any trouble getting confirmed as the second-in-command at the Federal Reserve.
The Senate Banking Committee’s postponement of a confirmation hearing on three Federal Reserve board nominees means the board will very likely have just four voting governors at the central bank’s policy meeting in two weeks, instead of the customary seven.
The Senate Banking Committee has rescheduled confirmation hearings for three Federal Reserve Board nominees for Thursday March 13 at 10 a.m.
WASHINGTON (Reuters) - The U.S. Senate Banking Committee said on Tuesday it had rescheduled a hearing on former Bank of Israel Governor Stanley Fischer's nomination to be vice chairman of the Federal Reserve to Thursday, March 13.
The U.S. Senate Banking Committee has postponed a Tuesday confirmation hearing for three White House nominees for the Federal Reserve’s board of governors, following government closures Monday due to a snow storm.
Thursday Federal Reserve Chair Janet Yellen demonstrated a stronger grasp of Bitcoin than the senator who proposed banning it. In comments o the Senate Banking Committee, Yellen stated, "The Federal Reserve simply does not have the authority...Show More Summary
The Senate Banking Committee on Tuesday will question three White House nominees to the Fed Board, including Stanley Fischer, the former chief of Israel’s central bank who appears on track to become Fed vice chairman.
By James Picerno: The new Fed Chair Janet Yellen thinks the economy will revive in the spring. “It’s really quite a range of data that has been soft recently,” she old he Senate Banking Committee yesterday. “I think it’s clear that …...Show More Summary
J. Scott Applewhite/APFederal Reserve Janet Yellen testifies before the Senate Banking Committee on Thursday. The central bank will be watching to see whether the slowdown in job growth and consumer spending is just a temporary blip caused by severe winter weather, she said. By Lucia Mutikani WASHINGTON -- The U.S. Show More Summary
Federal Reserve Chairwoman Janet Yellen took some of the mystery out of the Fed’s March 18-19 policy meeting with her testimony to the Senate Banking Committee Thursday.
Fed Chair tells Senate Banking Committee the central bank will be alert to upcoming data to make sure that the economy keeps strengthening
The main takeaway from Fed Chairwoman Yellen’s testimony before the Senate Banking Committee was that central bank policy is on cruise control until officials get a better read on the economy’s performance. Here are five other takeaways that don’t involve the weather:
Missed today's follow up Janet Yellen testimony before the Senate Banking Committee? Don't worry: you didn't miss much, all the bases were covered including winter weather during the winter, the Fed's complete cluelessness about what...Show More Summary
The new Federal Reserve chairwoman Janet Yellen believes her organization has no authority to regulate Bitcoin, Yellen said during a confirmation hearing on Thursday. During a hearing at the Senate Banking Committee, Sen. Joe Manchin (D-W.Va.) asked her about regulating Bitcoin. Show More Summary
The Federal Reserve does not have the authority to regulate the digital currency Bitcoin, Fed chief Janet Yellen said Thursday. During her semi-annual testimony before the Senate Banking Committee, Yellen took on questions from Virginia Democratic Sen. Show More Summary
Federal Reserve Chair Janet Yellen veered off script Thursday morning during her remarks before the Senate Banking Committee – and that impromptu remark was the most important thing she said in eight hours (and counting!) of congressional testimony this month. Yellen began the biannual hearing with the same speech that she presented before the House […]
A senior Republican member of the Senate Banking Committee expressed support Thursday for Stanley Fischer, President Barack Obama's nominee for the No. 2 slot at the Federal Reserve.
Stocks were moving between small gains and losses in early trading Thursday as Federal Reserve Chair Janet Yellen began her testimony to the Senate Banking Committee. Investors were also looking over... To view the full story, click the title link.
WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen's opening remarks on the U.S. economy as prepared for delivery to the Senate Banking Committee are identical to the prepared testimony she delivered to a House of Representatives panel earlier t...
Two weeks ago, Janet Yellen's testimony to the Senate, following her remarks to the House, were delayed due to inclement weather. Now that it is no longer snowing, she is back behind the mic at the Senate Banking Committee, where she will deliver the same identical prepared remarks as she did last time, but obviously with a different Q&A. Watch it live here.