Now that the name of Summers has been removed from the list of Fed chair nominations, Yellen is the likely pick. The Fed itself will remain unchanged.
International Monetary Fund chief Christine Lagarde called central bankers “heroes of the global financial crisis,” warned against slowing funny money “stimulus”
Investor Jim Rogers warns that the central bankers at the Fed's Jackson Hole conference are preparing to "take our bank accounts and retirement accounts."
Larry Summers is likely to be nominated to replace Fed Chairman Ben Bernanke, not because of his skills, abilities or experience, but because of his connections.
The question is who will run the Federal Reserve System when Chairman Ben Bernanke’s term expires next year?
The federal court ruling that bitcoins are money is just one more step toward full and wide acceptance of the digital currency as an alternative to Federal Reserve Notes and other fiat currencies.
In a letter to members of Campaign for Liberty, Senator Rand Paul (R-Ky.) called for support for his Audit the Fed bill.
JBS CEO Art Thompson's weekly news video update for July 1 - 7, 2013.
Stock and commodities markets went into a two-day slide after Federal Reserve Chairman Ben Bernanke hinted that the United States would end so-called “quantitative easing” sometime during 2014.
Central banking and Keynesian ideology make a toxic brew, the consequences of which are beginning to show up around the world.