Lawrence McDonald

Economic, political and market dates to watch from across Europe as governments and financial institutions deal with the ongoing European debt crisis. Courtesy of DC Tripwire  15th February:                   Spain to announce plans for restructuring banking sector 15th February:                   Portugal [...]

Provided By DC Tripwire  Yesterday the Federal Reserve Board of Governors issued a proposal on federal stability rules governing the nation’s largest banks and those institutions, which the Financial Stability Oversight Council (FSOC) will designate as systemically important. The impact of the proposal would govern from capital requirements to single-party credit exposures among the largest and [...]

Courtesy of DC Tripwire Major Actions This Week: White House On Monday, President Obama hosted Iraqi Prime Minister Nouri al-Maliki at the White House to discuss the end of the war in Iraq. On Tuesday, the President conducted interviews with local television anchors from across the country about the end of the war in Iraq, [...]

Content provided by my partner: DCTripwire: Major Actions This Week and Next: White House This week, President Obama traveled to Arizona to give remarks at a remembrance for victims of last weekend’s shootings. He also met with French President Sarkozy and Pakistani President Zardari at the White House. Senate This week, the Senate was out [...]

Content below provided by my partner, DC Tripwire: Bernanke Defends QE2, Says Road to Recovery is ‘A Long One’ Friday morning, Ben Bernanke, Chairman of the Federal Reserve Board of Governors, testified before the Senate Budget Committee concerning the U.S. economic outlook. Ranking Member Jeff Sessions (R-AL) was expected to be among the harshest critics of Chairman Bernanke in the [...]

Content below provided by my partner, DC Tripwire: Bernanke Facing Tough Questioning in Rare Senate Budget Committee Appearance In a rare appearance before the Senate Budget Committee on Friday, Federal Reserve Chairman will testify only one hour after the Department of Labor releases its December jobs report. Many expect the employment numbers will show a slight decrease in unemployment claims, from [...]

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