Tag: Barack Obama

• Wednesday, April 28th 2010 - 01:04 UTC

  Bernanke Warns White House About Failure to Reduce Federal Budget Deficit

  

  Federal Reserve Chairman Ben S. Bernanke said a failure to reduce the federal budget deficit may push up interest rates over time and impair economic growth, putting the recovery at risk.

• Friday, April 23rd 2010 - 07:00 UTC

  Obama attacks critics of banking reforms to end “reckless practices”

  

  US President Barack Obama has attacked critics of his banking reforms in a speech which warned that without change the financial crisis will be repeated. Reckless practices and financial firms that acted like “bandits” should never be allowed to operate again, he said.