February 8, 2011 The Federal Reserve Bank of New York today released Subprime Foreclosures and the 2005 Bankruptcy Reform, the latest article in its Economic Policy Review series from the Research and Statistics Group. Cross References Press Release
News & Insights
February 1, 2011 Fed Chairman Bernanke gave this speech at the National Press Club in Washington, D.C. on February 3, 2011.
February 3, 2011 Treasury announced the launch of a 'beta' Consumer Financial Protection Bureau (CFPB) website, ConsumerFinance.gov.
February 2, 2011 Treasury announced that Fifth Third Bancorp of Cincinnati, Ohio has fully repaid its $3.4 billion in outstanding TARP funds. With this transaction, total repayments and other income from programs within TARP to provide direct financial support to banks (approximately $243 billion) have nearly surpassed total disbursements under those programs (approximately $245 billion). Treasury currently estimates that bank programs within TARP will ultimately provide a lifetime profit of nearly $20 billion to taxpayers.
February 9, 2011 Testimony by Chairman Bernanke Before the Committee on the Budget, U.S. House of Representatives, Washington, D.C. Cross References Transcript