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Stocks plunge on concern over Europe's debt crisis

...buying bonds in an effort to boost the economy.Fed Chairman Ben Bernanke will testify before the U.S. Senate's banking committee Tuesday and again before Congress on Wednesday. Investors will watch to see if he gives any further indications about...

http://chronicle.augusta.com/news/business/2013-02-26/stocks-plunge-concern-over
AIG won't join a shareholder lawsuit against the US government

...Judge Paul Engelmayer of the Manhattan federal court.Mark Calabria, a former senior Republican aide on the Senate banking committee, said that while AIG had a duty to listen to its shareholders, the board must have weighed the potential bludgeoning...

http://chronicle.augusta.com/news/business/2013-01-09/aig-wont-join-shareholder-
Recession likely if Congress doesn't act, Bernanke says

...the recovery that we're hoping to facilitate," Bernanke at the end of two hours of testimony before the Sen ate Banking Committee.Without an agreement, tax increases and deep spending cuts would take effect at year's end. Bernanke noted...

http://chronicle.augusta.com/news/business/2012-07-17/recession-likely-if-congre
Business briefs

...loss, a key federal regulator said Wednesday.U.S. Comptroller of the Currency Thomas Curry told the Senate Banking Committee that the nation's largest bank began reducing the amount of hedging it was doing to minimize potential losses at...

http://chronicle.augusta.com/news/2012-06-06/business-briefs
JPMorgan traders might have sought to conceal losses

...that "there are no rewards for wild and excessive gambling with investors' money."The chairman of the Senate Banking Committee, Tim Johnson of South Dakota, said, "It shouldn't take a congressional hearing for JPMorgan to realize that...

http://chronicle.augusta.com/news/business/2012-07-13/jpmorgan-traders-might-hav
Does campaign cash yield results? Maybe not

...school-board election districts. About 300 general bills passed.Of the 14 bills assigned to the House Banks & Banking Committee, just four passed, or 29 percent. Other committees handling business-type legislation yielded fewer bills that...

http://chronicle.augusta.com/latest-news/2012-04-25/does-campaign-cash-yield-res
Economist pulls nomination to Fed board

...the labor market.Diamond said the leading opponent to his appointment was the ranking Republican on the Senate Banking Committee, Richard C. Shelby of Alabama. Diamond said Shelby questioned how his academic work on pensions and the labor...

http://chronicle.augusta.com/news/business/2011-06-06/economist-pulls-nomination
Across Georgia

...constitutional amendment.Banking panel chief is facing foreclosureCUMMING --- The chairman of Georgia's Senate Banking Committee is facing possible foreclosure on a Forsyth County property.A legal notice says Sen. Jack Murphy, R-Cumming...

http://chronicle.augusta.com/news/metro/2011-06-17/across-georgia
Ga. legislator avoids property foreclosure

CUMMING, Ga. - The chairman of Georgia's state Senate Banking Committee has avoided losing commercial property in Cumming to foreclosure.State Sen. Jack Murphy, R-Cumming, owns a 1-acre tract...

http://chronicle.augusta.com/latest-news/2011-07-06/ga-legislator-avoids-propert
Congress enables greed

...derivatives, etc., could not function if not for congressional legislation by both House and Senate finance and banking committees.Finance industry lobbyists who control the motivation of both parties' legislatures passed laws allowing our...

http://chronicle.augusta.com/opinion/letters/2011-10-30/congress-enables-greed