A bipartisan majority of the House of Representatives supports a bill calling for an audit of the Federal Reserve.
The International Monetary Fund announced a bailout of the new Ukrainian regime using the proto-global currency known as Special Drawing Rights.
Rep. Steve Stockman (R-Texas) has proposed a bill to ensure that virtual currencies are treated as currency, rather than property, for tax purposes.
Speaking at the conference for community organizers and developers hosted by the Chicago Federal Reserve on March 31, Federal Reserve Fed Chair Janet Yellen said that the U.S. economy will need Fed stimulus for “some time.”
The recently released transcripts of 14 Fed meetings of 2008 show Fed officials were clueless and unaware of the imminent recession.
Former Federal Reserve Chairman Ben Bernanke pulled down a tidy honorarium for a 40-minute talk to the Global Financial Markets Forum in Abu Dhabi on March 4. CNBC’s Squawk Box financial program reported on March 5 that he had been paid “at least $250,000” for his keynote speech.
As we have warned, governments and central banks all over the world are getting ready to plunder savings accounts and pensions to fund ongoing spending binges and mounting debts.
The question about what Ben Bernanke would be doing now that he's retired from the Fed has been answered.
If some of Stanley Fischer's press clippings are accurate descriptions of his powers and abilities, the banking superstar should descend on the Federal Reserve with a capital "S" on his chest and his red cape flowing behind him.