Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (08/27/2009)
* WASHINGTON (8/24/09)--The U.S. is only beginning to emerge from a recession, and more challenges lie ahead, Federal Reserve Board Chairman Ben Bernanke said at a symposium in Jackson Hole, Wyo., Friday. The role of liquidity in systemic events indicates that a more systemwide or macroprudential approach to regulation also is needed, he said. Bernanke also discussed the nation’s financial crisis and regulators’ response to it, re-iterating the central bank’s work to prevent the failure of more financial firms. “As severe as the economic impact has been, however, the outcome could have been decidedly worse. Unlike in the 1930s, when policy was largely passive and political divisions made international economic and financial cooperation difficult, during the past year monetary, fiscal and financial policies around the world have been aggressive and complementary,” he said ... * WASHINGTON (8/24/09)--Small businesses won a record $93.3 billion in federal prime contracts for fiscal year 2008, an increase of almost $10 billion from 2007, the Small Business Administration said last week. Small disadvantaged businesses, women-owned businesses and service-disabled veteran-owned businesses increased their share of federal contracting dollars by at least $1 billion to $3 billion ...


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
11 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
14 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
15 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
15 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
15 hours ago