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Washington
Inside Washington (04/21/2009)
* WASHINGTON (4/22/09)--Federal Reserve Board Chairman Ben Bernanke met with Timothy Geithner 17 times in January and February, according to central bank records (American Banker April 21). The meetings indicate that the Fed is working closely with the Treasury department. Records also show that Bernanke met with Paul Volcker, former Fed chairman and top economic adviser to President Barack Obama, and several lawmakers, including Senate Majority Leader Harry Reid (D-Nev.), House Speaker Nancy Pelosi (D-Calif.), House Financial Services Committee Chairman Barney Frank (D-Mass.) and Senate Banking Committee Chairman Christopher Dodd (D-Conn.) ... * WASHINGTON (4/22/09)--Regulators are feeling pressured to increase enforcement orders against depository institutions, Deborah Dakin, deputy chief counsel for businesses transactions at the Office of Thrift Supervision (OTS) said in a speech at Pepperdine University Friday (American Banker April 21). Regulators used to think they could work with management without issuing the orders, but now are feeling as though they have to document everything. She clarified that the views she was expressing were her own, and not those of the OTS ...


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