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>> FEDERAL RESERVE Latest News

6 HOURS AGO - Cleveland Plain Dealer

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Rep. Jim Jordan examines whether the feds made banks drop accounts of disfavored businesses

Jordan and Committee Chairman Darrell Issa of California asked Federal Reserve Chair Janet Yellen and Comptroller of the Currency Thomas Curry to provide the committee with documents to help it determine whether they improperly cracked down on legitimate businesses as part of a program called "Operation Choke Point."

Tags: Rep. Jim Jordan examines whether the feds made banks drop accounts of disfavored businesses,  Federal Reserve Latest News

6 HOURS AGO - Cleveland Plain Dealer

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Rep. Jim Jordan examines whether the feds had banks drop accounts of businesses the government dislikes

Jordan and Committee Chairman Darrell Issa of California asked Federal Reserve Chair Janet Yellen and Comptroller of the Currency Thomas Curry to provide the committee with documents to help it determine whether they improperly cracked down on legitimate businesses as part of a program called "Operation Choke Point."

Tags: Rep. Jim Jordan examines whether the feds had banks drop accounts of businesses the government dislikes,  Federal Reserve Latest News

12 HOURS AGO - Wall Street Journal

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New York Fed Faulted in 'London Whale' Case

The Federal Reserve Bank of New York failed to examine J.P. Morgan’s investment unit ahead of the bank’s 2012 “London Whale” trading debacle, according to a new report.

Tags: New York Fed Faulted in 'London Whale' Case,  Federal Reserve Latest News

13 HOURS AGO - Financial Times

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14 HOURS AGO - Wall Street Journal

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New York Fed Faulted on 'London Whale' Debacle

The Federal Reserve Bank of New York failed to examine J.P. Morgan Chase & Co.’s investment unit ahead of the bank’s 2012 “London Whale” trading debacle, despite a recommendation from other Fed supervisors that they look at the unit involved in the trades, according to a new report.

Tags: New York Fed Faulted on 'London Whale' Debacle,  Federal Reserve Latest News