Three men indicted for armed bank robberies
Three men were indicted by a federal grand jury on Feb. 3 for the armed robberies of three Kansas City area banks. Read the Department of Justice press release.
Bernanke sworn in; calls for more fed transparency
Federal Reserve Board chairman Ben Bernanke was sworn in on Feb. 3 for a second four-year term. Bernanke told the Fed staff at the ceremony that the agency must work with Congress to become more transparent. The Fed's considerable independence bring
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Bernanke confirmed for second term as fed chief
Ben Bernanke was confirmed for a second term as chairman of the Federal Reserve by the U.S. Senate Thursday (Jan. 28) afternoon by a 70-30 vote. It was the closest vote ever for a nominee for Fed chairman. View the vote results.
Fed leaves key interest rate unchanged
As expected, the Federal Reserve's Federal Open Market Committee on Jan. 27 kept its target for the federal funds rate at between zero and 0.25 percent. The committee again said the low rates are likely to continue for "an extended period." Informat
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ABA warns bankers about fraudulent e-mail
ABA’s name is being used in a new phishing e-mail, the association learned yesterday. The e-mail informs recipients that an “unauthorized transaction” has been charged to their account using their bank card. The amount of the transaction is listed,
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