Washington DC - March 8 - Key vacancies at federal agencies overseeing banks present the White House with appointment opportunities that will play a role in implementing the administration’s financial reform legislation, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - February 24 - Federal Reserve chairman Ben S. Bernanke delivered the Semiannual Monetary Policy Report to Congress before the House Committee on Financial Services.

To read his full report, CLICK HERE

Washington DC - February 23 - A new online Federal Reserve Board publication will help consumers better understand rules that provide additional protection from overdraft fees when a debit card or automated teller machine (ATM) transaction causes an account to be overdrawn.

To read the entire report, CLICK HERE

Washington DC - February 22 - The Federal Reserve Board launched a new interactive website to help consumers better understand the new credit card protections that take effect on February 22, banning several harmful practices and requiring greater transparency in the disclosure of the terms and conditions of credit card accounts.

To read the entire report, CLICK HERE

Washington DC - February 18 - One year after enactment of a record stimulus package, signs of a stabilizing economy are tempered by persistent high numbers in the nation’s unemployment, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - February 18 - Manufacturing conditions continue to improve in the region, according to firms polled for this month’s Business Outlook Survey. Indexes for general activity, new orders, shipments, and employment all remained positive this month.

To read the entire report, CLICK HERE

Washington DC -February 17- The Federal Reserve Board and the Federal  Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 26-27, 2010. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the January 26-27, 2010 meeting is also included as an addendum to these minutes.

To view FOMC minutes, Click Here

Washington DC - February 17 - Industrial production increased 0.9 percent in January following a gain of 0.7 percent in December. Manufacturing production rose 1.0 percent in January, with increases for most of its major components, while the indexes for both utilities and mining advanced 0.7 percent.

To read the entire report, CLICK HERE

Washington DC - February 16 - The Empire State Manufacturing Survey indicates that conditions for New York manufacturers improved at a healthy pace in February. The general business conditions index climbed 9 points, to 24.9.

To read the entire report, CLICK HERE

Washington DC - February 10 - Federal Reserve Chairman Ben S. Bernanke issued a prepared statement for a hearing before the House Committee on Financial Services outlining the Federal Reserve’s exit strategy from lending programs implemented to reign in the recent financial crisis.

To read the full statement, CLICK HERE

Washington DC - February 3 - Another wave of bonuses is planned by American International Group(AIG) totaling about $100 million, just one year after a round of bonuses at AIG raised the ire of Americans, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - January 29 - Washington DC - January 29 - Ben S. Bernanke was confirmed to a second term as Chairman of the Federal Reserve by a vote of 70 to 30 in the U.S. Senate, the smallest margin in the position’s history, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - January 27 - Information received since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and that the deterioration in the labor market is abating. Economic recovery is likely to be moderate and inflation is likely to be subdued for some time.

To read the full statement, CLICK HERE

Washington DC - January 25 - Confirmation of Ben S. Bernanke for a second term as Federal Reserve chairman seems likely as President Obama launched a weekend campaign to solidify support in the Senate, according to an article in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - January 15 - Industrial production increased 0.6 percent in December. The gain primarily resulted from an increase of 5.9 percent in electric and gas utilities due to unseasonably cold weather. Capacity utilization for total industry edged up to 72.0 percent in December.

To read the entire report, CLICK HERE