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Banking Committee Democrats banded together to make the case that successful stress tests are a sign that the 2010 Dodd-Frank law is working. (AP Photo/Mark Lennihan)
Economy

Banks do well on stress tests, but Senate Democrats want to keep up pressure

Joseph Lawler -
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Regulators indicated areas in which bipartisan agreement on changing Dodd-Frank rules might be possible for many banks. (AP Photo/J. Scott Applewhite)
Economy

Contours of regulatory relief push come into shape

Joseph Lawler -
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Federal Reserve Chair Janet Yellen. The two-part tests are conducted annually to examine the health of U.S. banks. In the first round, the simulated crisis included a global recession with unemployment spiking to 10 percent, stock markets collapsing 50 percent, housing prices dropping a quarter, and severe downturns in the U.K., Europe, and Japan. (AP Photo/Susan Walsh)
Economy

Banks hold up in first round of stress tests

Joseph Lawler -
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Forecasters in the private sector had expected jobless claims to drift down slightly to 246,000. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits a week earlier. (AP Photo/Lynne Sladky, File)
Economy

Jobless claims tick up, but are still very low at 241,000

Joseph Lawler -
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Federal Reserve Chair Janet Yellen. The two-part tests are conducted annually to examine the health of U.S. banks. In the first round, the simulated crisis included a global recession with unemployment spiking to 10 percent, stock markets collapsing 50 percent, housing prices dropping a quarter, and severe downturns in the U.K., Europe, and Japan. (AP Photo/Susan Walsh)
Economy

GOP lawmaker: Fed chair Janet Yellen wants Consumer Financial Protection Bureau funding changed

Joseph Lawler -
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Gov. Jerome Powell is set to recommend easing stress tests for banks and other forms of regulatory relief Thursday in testimony to the U.S. Senate. (AP Photo/Andrew Harnik)
Economy

Fed official to suggest regulatory relief for banks

Joseph Lawler -
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Janet Yellen’s Very Bad Week
Magazine

Janet Yellen’s Very Bad Week

Irwin M. Stelzer -
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Federal Reserve Bank of Minneapolis President Neel Kashkari said he needed more data clearly showing inflation will rise in the months ahead. (AP Photo/Chris Carlson)
Economy

Lone vote against Fed rate hike says he put data over ‘faith’

Joseph Lawler -
0
Federal Reserve Chair Janet Yellen speaks in Washington, Wednesday, June 14, 2017, to announce the Federal Open Market Committee decision on interest rates following a two-day meeting. The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. (AP Photo/Susan Walsh)
Economy

Jobs market is hot any way you look at it, Yellen says

Joseph Lawler -
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The increase brings the Fed’s target for short-term interest rates to a range of 1 percent to 1.25 percent, back to its 2008 level. (AP Photo/Andrew Harnik)
Economy

Federal Reserve announces second rate hike this year, despite slower inflation

Joseph Lawler -
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