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Tuesday, September 24, 2013

Monetary

News                                                                                                                             
CNN Money | Fed's Dudley: Economy still too weak to taper
The economic recovery is still not strong enough to persuade New York Fed President William Dudley that it's time to cut back on the central bank's stimulus program.
CNN Money | Big banks charged with causing credit union failures
The federal regulator that oversees credit unions has filed suits against eight of the nation's largest banks, charging they sold faulty mortgages to two credit unions that later failed.

Econ Comments & Analysis                                                                                            
Forbes | As We Approach The Federal Reserve's 100th Anniversary, A Reform Of The Fed Gains Currency
The Centennial Monetary Commission, HR 1176, sponsored by Joint Economic Committee Chairman Kevin Brady (R-TX), continues to pick up momentum.
AEI | Right on quantitative easing
The rising stock market shows that the Fed’s easy-money policies are working.