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August 28, 2022
After serving as the president of the Federal Reserve Bank of Richmond for 13 years, Jeffrey Lacker resigned abruptly after confessing that he leaked confidential information to an analyst of a financial firm in 2013. Since his resignation, he has been questioned by several law enforcement agencies, including the FBI. “I crossed the line to […]
July 5, 2022
The Federal Reserve System is facing increasing demands from the Senate to revamp the process for granting master accounts, disclose more information to the public and pick more diverse leaders. That pressure makes executive searches at the Kansas City and Chicago Fed banks more complicated.
July 3, 2022
The Federal Reserve System is facing increasing demands from the Senate to revamp the process for granting master accounts, disclose more information to the public and pick more diverse leaders. That pressure makes executive searches at the Kansas City and Chicago Fed banks more complicated.
November 3, 2021
Right now, the Treasury is using emergency cash-conservation measures to keep financing government operations.
June 25, 2012
Commerce department reports new home sales jumped 7.5% from april to may. americans are buying new homes at a pace we havent seen in two years. to what do we credit this? >> well, i dont know. low interest rates? everybody has been struggling for an answer because the market has been so bad. i welcome any good news. unfortunately, the richmond fed president jeff lacker told our peter barnes is he not too optimistic. here is what he said. >> i think its just going to take time. we have built more...
Unknown Date
Japan for their profit margins. the earthquake hasnt been a factor. >> yeah, absolutely. you look at the supply chain. we use semiconductors in everything and 1 in 5 being made in japan. obviously its important but for a lot of u.s. companies to your point they found other ways to source that. it hasnt been that relevant. today fed president jeff lacker was speaking to steve liesman and says the issue in japan is transitory to the u.s. economic transitory. and he opened the door to interest rate...