Latest Press Release on Federal Reserve

FACT Warns The Number of Bank Failures is Actually Increasing
According to statistics furnished by the Federal Deposit Reserve Corporation (FDIC), the failure of banks across the nation is accelerating. October saw the second-largest closure of banks this year. All-in-all, there have been 123 reported bank failures so far in 2009! What Can and Should...

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NIA Announces Release of 'The Dollar Bubble'
FORT LEE, N.J., Nov. 24 /PRNewswire/ -- The National Inflation Association is pleased to announce the release of 'The Dollar Bubble', a new 30 minute documentary about the upcoming collapse of the U.S. dollar and how the Federal Reserve's destructive monetary policies could bring the U.S. f...

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Richmond Fed Announces Officer Promotions
RICHMOND, Va., Nov. 20 /PRNewswire/ -- The Federal Reserve Bank of Richmond announces the following officer promotions, effective Jan. 1, 2010. Roland Costa was named senior vice president and chief technology officer over the Currency Technology Office. Costa is a na...

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Consumers Union Urges Fed to Stop New Credit Card Tricks and Traps
Group Calls on Fed to Strengthen Proposed Credit Card Regulations to Protect Consumers From Emerging Abusive Lending Practices WASHINGTON, Nov. 20 /PRNewswire-USNewswire/ -- Consumers Union urged the Federal Reserve Board today to stop credit card com...

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Audit the Fed Amendment Passes House Committee
WASHINGTON - Today, during the House Financial Services Committee markup of the Financial Stability Improvement Act of 2009, Congressman Ron Paul’s (R-TX) amendment to increase Federal Reserve transparency was passed by a vote of 43 to 26. During the proce

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