Time to come home — we have a serious problem here ... I need the Federal Reserve to step up as well.
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Time to come home — we have a serious problem here ... I need the Federal Reserve to step up as well.
The Treasury has already considered how to undertake bulk purchases as part of its work under EESA ... and the Federal Reserve has submitted to Congress an analysis of bulk purchases.
Democratic leaders in the House and Senate told President Bush he must commit funds from either the TARP or the federal reserve or they will be unable to pass anything in Congress.
We're not going to write a blank check, but we're going to get something done ... People are angry about bailouts. I suspect they'd be angrier about the failure of the auto industry with hundreds of thousands of jobs. My preference would be if the Federal Reserve and Treasury would step up with the authority we gave them.
Your decision to utilize the TARP funds, or to work with the Federal Reserve to make available assistance through its existing lending programs, or both, are essential to the Congress' ability to address this critical economic situation in a timely manner, and would also eliminate the uncertainties inherent in the legislative process.
We're freaking doomed from all of this Federal Reserve creation of new money and credit! Buy gold!
overall economic activity weakened across all Federal Reserve districts since the last report.
Despite the efforts of the Federal Reserve and other policymakers, the U.S. economy remains under considerable stress
While we are already well-capitalized under Federal Reserve capital guidelines, the additional capital from the Capital Purchase Program will further strengthen our capital position and allow us to continue to provide much needed credit to businesses and consumers throughout our market areas