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Yellen says Fed is monitoring softer economic data

...can be explained by weather and what portion, if any, is due to a softer outlook."In her remarks to the Senate Banking Committee, Yellen repeated the Fed's assurances that its pullback in its bond purchases could be modified if there was a...

http://chronicle.augusta.com/news/business/2014-02-27/yellen-says-fed-monitoring
Janet Yellen stands by Federal Reserve's low rate policies

...economy when she's chairman, if that's what it needs.During a two-hour confirmation hearing before the Senate Banking Committee, Yellen embraced her so-called "dovish" reputation and expressed strong support for the Fed's low interest-rate...

http://chronicle.augusta.com/news/business/2013-11-14/janet-yellen-stands-federa
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
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
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-
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
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
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
Bank of America halts foreclosures in U.S.

...foreclosures while this investigation runs its course."Sen. Christopher Dodd, D-Conn, the chairman of the Senate Banking Committee, said he would hold a hearing on the issue next month.The decision should help Bank of America manage its image...

http://chronicle.augusta.com/news/business/2010-10-08/bank-america-halts-foreclo
Business
Ex-bank officer in Ga. pleads guilty to charges

...duty for making bad loans. Among others, it names state Sen. Jack Murphy, the new chairman of the Georgia Senate Banking Committee and a former bank official.Murphy said in a statement Thursday that he has done nothing wrong and has no plans...

http://chronicle.augusta.com/latest-news/2011-01-20/ex-bank-officer-ga-pleads-gu
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