Don’t blame monetary policy for creating the housing bubble that erupted into the worst financial crisis since the Great Depression, said Federal Reserve Chairman Ben Bernanke in prepared remarks released ...

Time Magazine bestowed its Person of the Year 2009 honor to Federal Reserve Chairman Ben Bernanke – the “most powerful nerd on the planet,” who led the effort to save the world economy, the publication ...

The combination of an already tight credit market and a reluctance to fall deeper into debt contributed to the ninth straight month of declining consumer borrowing in October, the Federal Reserve reported today. Consumer ...

Despite general improvement in the financial industry, credit remains tight, especially for “bank-dependent” households and small businesses, Fed Chairman Ben Bernanke said today in remarks followed ...

The U.S. House  has approved the so-called systemic-risk bill that supporters claim will put an end to “too big to fail” financial firms with the creation of an inter-agency oversight council.  It would also ...

Federal Reserve Chairman Ben Bernanke has fired back at current Congressional proposals to strip away at the Fed’s time-honored functions and regulatory authority, asserting that the measures would “seriously ...

Despite a written objection by Fed Chairman Ben Bernanke, the House Financial Services Committee voted today to push up the start of sweeping credit card reform by two months, from Feb. 1 to Dec. 1. The new start-date ...

Moving up the start-date of sweeping new credit card reform laws could cause hardship to small credit issuers, U.S. Federal Reserve Chairman Ben Bernanke has said in a letter to a House lawmaker. The House Financial ...