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People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California, March 10, 2023. (Jeff Chiu/AP)
March 13, 2023, 3:30 am
US promises Silicon Valley Bank customers can recoup funds after stunning collapse
New York’s Signature Bank follows California institution in being seized as Fed scrambles to contain fallout from liquidity crunch, head off more bank runs
By Ken Sweet, CHRISTOPHER RUGABER, CHRIS MEGERIAN and Cathy Bussewitz
The Capitol Dome is visible in the window behind former Fed Chair Janet Yellen as she appears for an interview with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau, Wednesday, Aug. 14, 2019, in Washington. (AP Photo/Andrew Harnik)
November 24, 2020, 12:23 am
Biden to tap Janet Yellen as first woman to lead US treasury
Yellen, 74, previously served as Federal Reserve chair where she shifted focus from inflation to bringing down unemployment; she will be 3rd Jewish treasury secretary in a row
By Agencies
People pose for photos with the Charging Bull statue in New York's Financial District, Sunday, March 15, 2020. (AP Photo/Richard Drew)
March 16, 2020, 2:01 am
US Fed takes emergency steps to slash rates and ease bank rules
In bid to stabilize economy amid coronavirus fears, Fed lowers benchmark interest rate to near zero and says it will buy $700 billion in Treasury and mortgage bonds
By CHRISTOPHER RUGABER
A child with the colors of the Iraqi flag on his face walks past a poster with Arabic that reads "leave us live in peace," during the ongoing protests in Tahrir square, Baghdad, Iraq, Friday, Jan. 10, 2020. (AP Photo/Nasser Nasser)
January 13, 2020, 8:51 am
Iraq warns of ‘collapse’ as Trump threatens to block oil cash kept in Fed bank
Sources say US president has warned of sanctions that would immediately block 90% of Baghdad’s budget; Iraqi PM said ‘pissed,’ as official says Trump ‘politicizes everything’
By Maya Gebeily
President Donald Trump walks with Federal Reserve board member Jerome Powell before announcing him as his nominee for the next chair of the Federal Reserve in the Rose Garden of the White House in Washington, Thursday, Nov. 2, 2017. (AP/Pablo Martinez Monsivais)
December 23, 2018, 4:25 am
Trump reportedly asked if he could fire Fed chief
Treasury head says president denies suggesting he wanted to get rid of Jerome Powell, though he has not been happy since the US central bank raised interest rates
By AFP
In this October 17, 2016 photo, Stanley Fischer, vice chairman of the Federal Reserve board of governors, speaks to the Economic Club of New York. (AP Photo/Mark Lennihan)
July 23, 2018, 9:21 am
Former Bank of Israel head reportedly met with accused Russian agent
Stanley Fischer said to have sat down with Maria Butina, who was indicted last week, when he was vice chairman of the US Federal Reserve
By ToI Staff and AFP
This file photo taken on October 15, 2017 shows Federal Reserve Chair Janet Yellen during the 32nd Annual Group of 30 (G30) International Banking Seminar in Washington, DC. ( AFP PHOTO / SAUL LOEB)
October 27, 2017, 11:36 pm
Trump to name new Fed chair next week amid doubts Yellen will get a second term
Among the candidates is Kevin Warsh, the son-in-law of World Jewish Congress President Ronald Lauder
By Agencies
David Duke (CNN screenshot)
July 13, 2016, 11:53 pm
White supremacist David Duke planning congressional bid
Ex-KKK grand wizard, who believes Jews control Federal Reserve, US government and media, wants to represent ‘European Americans’ in DC
By JTA
Stanley Fischer (photo credit: Miriam Alster/Flash90)
From the WebMay 27, 2015, 1:45 am
Fischer flagging gradual Fed increases flattens Treasuries curve
Bloomberg: Just the mention of higher interest rates by the former Bank of Israel head was enough to cast a pall on markets
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