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Bush selects new Fed chief

...economic adviser Ben Bernanke as chairman of the Federal Reserve Board on Monday to succeed the near-legendary Alan Greenspan...is serving his fifth chairman as chairman of the Federal Reserve Board and has been named to the post by presidents of...

http://chronicle.augusta.com/stories/2005/10/25/bus_15396.shtml
Business
Overdraft fee rule may end free checking

...checking accounts. One local banker said these fees result from changes in rules by the Federal Reserve Board.Effective Sunday, the Federal Reserve Board enacted rules that prohibit financial institutions from charging consumers fees for overdrafts...

http://chronicle.augusta.com/news/business/2010-08-16/overdraft-fee-rule-may-end
Business
Business briefs

...Hearing set over bank merger WASHINGTON -- The Federal Reserve Board said Wednesday it will hold a hearing in Philadelphia...companies are scheduled to vote on the deal Friday. The Federal Reserve Board has no deadline for approving the merger. State...

http://chronicle.augusta.com/stories/1998/02/26/bus_223158.shtml
Business
Proposed banking rules spawn concern among local bankers

...hold in reserve and change the risk assessment of certain kinds of assets. Those reforms are in the hands of the Federal Reserve Board and other bank regulatory agencies who are now weighing comments from the banking industry.The Independent Community...

http://chronicle.augusta.com/news/business/your-business/2012-11-02/proposed-ban
Bank earnings set record

...divide between the bigs and everybody else is just enormous," said Cornelius Hurley, a former counsel to the Federal Reserve Board who heads Boston University's Center for Finance, Law and Policy. "It's never been this concentrated...

http://chronicle.augusta.com/news/business/2013-05-29/bank-earnings-set-record
Fewer US banks failing as industry strengthens

...Some of the smaller (banks) are just throwing up the flag," says Cornelius Hurley, a former counsel to the Federal Reserve Board who heads Boston University's Center for Finance, Law and Policy.

http://chronicle.augusta.com/news/business/2012-12-28/fewer-us-banks-failing-ind
Economist pulls nomination to Fed board

WASHINGTON -- Nobel Prize-winning economist Peter Diamond is withdrawing his nomination for the Federal Reserve board, expressing frustration with Republicans who had blocked his appointment and questioned his practical experience...

http://chronicle.augusta.com/news/business/2011-06-06/economist-pulls-nomination
Fed considers revisions to credit card disclosures

...fueling a call for action as lawmakers and regulators debate making changes. For the first time since 1980, the Federal Reserve Board is considering major revisions to the clarity and content of credit card disclosures so consumers can better understand...

http://chronicle.augusta.com/stories/2005/06/19/fin_456405.shtml
Finance
Shareholders approve FleetBoston-Bank of America merger

...two-thirds voting in favor of the megamerger. The acquisition would create the nation's No. 3 bank. The Federal Reserve Board approved the merger March 8 and shareholders were voting on the deal Wednesday. Bank of America's annual shareholder...

http://chronicle.augusta.com/stories/2004/03/18/bus_409115.shtml
Business
When Greenspan speaks, markets don't always listen

...the central bank's Federal Open Market Committee have on the behavior of financial markets. The findings by Federal Reserve board member Donald L. Kohn and Fed economist Brian P. Sack would help to explain why Greenspan's famous warning...

http://chronicle.augusta.com/stories/2003/06/21/fin_379061.shtml
Finance