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Tag Archives: Fed

Dodd circulates financial overhaul bill (11:40 a.m. 11/10/09)

By ANNE FLAHERTY Associated Press Writer WASHINGTON (AP) — Senate Banking Committee Chairman Christopher Dodd on Tuesday called for sweeping new government powers to prevent another economic collapse, protect consumers and dismantle failing institutions. Dodd’s 1,100 page-draft would strip the ...

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Fed officials warn weak recovery won’t spur jobs (9:49 a.m. 11/10/09)

By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Unemployment likely will remain high for the next several years because the economic recovery won’t be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. The cautionary note struck ...

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