Browsing: FOMC
Yellen Highlights Opportunities for Reg Relief
Testifying before the House Financial Services Committee today, Federal Reserve Chairman Janet Yellen highlighted opportunities for Congress and financial regulators to streamline and reduce regulatory burdens.
Fed Outlines Plans for Swollen Balance Sheet
In addition to the rate hike announced today, the Federal Open Market Committee released a policy statement explaining how it plans to reduce the Fed’s balance sheet, which is swollen with securities purchased as part of the quantitative easing programs between 2008 and 2014.
Report: Trump ‘Very Close’ to Fed Nominations
President Trump is “very close” to nominating a Federal Reserve vice chairman for supervision and another governor to fill a designated seat for an individual with community bank expertise, according to Treasury Secretary Steven Mnuchin, who was interviewed with Trump by the Wall Street Journal.