Bernanke slams Warren's new Fed bill The former Fed chairman decried proposed legislation that would limit the U.S. central bank's lending authority during a crisis.
| By: Jacob Pramuk
Warren has irked Obama before, but trade deepens their rift WASHINGTON- When President Barack Obama huffed that Elizabeth Warren, the Massachusetts senator and established liberal star, was a "politician like everybody else" he revealed a rift that predates the current hostilities between the two Democrats over trade. Though occasional allies, Warren has been aggravating the Obama administration since her pre-...
Source: The Associated Press
| By: By JIM KUHNHENN, Associated Press
COLUMN-Diminishing returns from financial deepening: James Saft Sometimes called financial deepening, deeper markets and better access to financial services can still spur economic growth, especially in emerging markets, but this is not an endless process, according to a new study by the International Monetary Fund. "Our analysis uncovers evidence of' too much finance' in the sense that beyond a certain level of financial...
| By: James Saft
New crisis possible, but not like 2008: Geithner Former Treasury Secretary Tim Geithner tells CNBC a financial crisis will happen again at some point, but reforms undertaken after 2008 can serve to mitigate the damage.
| By: Matthew J. Belvedere
Yellen doing 'excellent' job: Tim Geithner Former Treasury Secretary Tim Geithner, shares his thoughts on the U.S. economy, Janet Yellen's comments on the markets, and his new job in the private sector.
Financial system more stable today: Tim Geithner Former Treasury Secretary Tim Geithner, explains why he thinks the U.S. financial system is stronger now that before the 2008 financial crisis, and weighs in on the Dodd-Frank Act.