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Yellen says economy still needs Fed support

...meetings with the final move being a $15 billion reduction at the October meeting.In her testimony before the Senate Banking Committee, Yellen said the economy is improving and the sharp downturn in economic activity in the first three months...

http://chronicle.augusta.com/news/business/2014-07-15/yellen-says-economy-still-
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...

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
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-
Business briefs

...trading 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...

http://chronicle.augusta.com/news/2012-06-06/business-briefs
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...

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
Latest News
Bernake says inflation rise would be 'modest'

...Leading the economy to stronger growth while making sure inflation doesn't rise too high.Appearing before the Senate Banking Committee, Bernanke faced sharp questions about whether rising gasoline prices could spread dangerous inflation through...

http://chronicle.augusta.com/news/business/2011-03-01/bernake-says-inflation-ris
Business
Reimbursement ordered in cases of improper foreclosure

...Based on what I have read ... I am not encouraged at all."Sen. Tim Johnson, D-S.D., chairman of the Senate Banking Committee, said the agreements struck were a "step towards addressing the improper and fraudulent practices to which...

http://chronicle.augusta.com/news/business/2011-04-13/reimbursement-ordered-case
Business
Economist pulls nomination to Fed board

...and 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