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Recent Summary.     Click for More > Ukraine crisis: US strengthens sanctions on Russia Janet Yellen nominated by Obama to head US Federal Reserve Obama signs budget cuts into effect President Obama praises US 'fiscal cliff' deal   Obama has hailed a deal reached to stave off drastic taxation and spending measures as 'just one step in the broader effort to strengthen the economy' US Senate approves key tax deal. U.S. Senate US to miss 'fiscal cliff' deadline Senate leader Harry Reid voices fiscal cliff fear. U.S. Senate HSBC 'to pay $1.9bn' in US deal. London Obama pushes new bank regulation US unveils $1tn toxic asset plan US Fed announces $800bn stimulus World leaders grapple with crisis World's central banks slash interest rates. London House backs $700bn bail-out plan   House of Representatives: The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector $700 billion bailout package failed. House of Representatives   Bush hails financial rescue plan  President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets US takes over key mortgage firms  US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history Iraq's projected $80b surplus stirs anger. U.S. Congress Federal Reserve slashes rates by 0.75 Bush to ask 87 billions more for Iraq
House Republicans pass $1.4tn tax overhaul bill. House of Representatives Trump nominates Jerome Powell as Fed chair US Fed raises interest rates by 0.25%
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year 2015
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Dec.16
  The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006.    The move takes the range of rates banks offer to lend to each other overnight...


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Bank Main Event: US Fed raises interest rate...
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B. 2017-11-16 House Republicans pass $1.4tn tax overhaul bill House of Representatives
2. 2017-11-02 Trump nominates Jerome Powell as Fed chair Washington
D. 2017-09-27 Trump outlines major tax cut plans Washington
E. 2016-01-20 US wasted millions on Afghan reconstruction, says watchdog Washington
2015-12-16 US Fed raises interest rates by 0.25% Washington
G. 2015-01-18 Obama to seek tax raises on wealthy Washington
H. 2014-12-11 US House passes $1.1tn budget bill House of Representatives
8. 2014-09-12 Ukraine crisis: US strengthens sanctions on Russia Washington
9. 2014-02-14 US advises banks on 'cannabis cash' Washington


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House Republicans pass $1.4tn tax overhaul bill  House of Representatives: A controversial overhaul of the US tax code slashes corporate rates. President Donald Trump made a rare visit to Congress to rally lawmakers   Trump nominates Jerome Powell as Fed chair  Trump has named a Republican and multi-millionaire, as his pick to lead the Federal Reserve Trump outlines major tax cut plans US Fed raises interest rates by 0.25%


November 2017 ... more > Top ^
Nov. 16
Nov. 2


September 2017 ... more > Top ^
Sep.27


year 2016 Top ^

Jan.20  US wasted millions on Afghan reconstruction, says watchdog


year 2015 Top ^

Dec.16
  The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006
 The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%. Rates in the US have been at near-zero since 2008
Jan.18 Obama to seek tax raises on wealthy

year 2014 Top ^

Dec.11 US House passes $1.1tn budget bill
. House of Representatives Sep.12   Ukraine crisis: US strengthens sanctions on Russia  The US government has imposed new sanctions on major Russian banks, defence and energy companies Feb.14  US advises banks on 'cannabis cash' Jan.6  Yellen confirmed as next Fed chair

year 2013 Top ^

Dec.10  US budget deal reached in Congress Oct.11  Obama open to short-term debt rise Oct.9   Janet Yellen nominated by Obama to head US Federal Reserve   US President Barack Obama has officially nominated Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank Oct.8  Obama to nominate new Fed chief Oct.2  Obama warns of US default danger Sep.15  Summers pulls out of US Fed race Aug.6  US government sues Bank of America May.20  Apple 'among US's big tax avoiders' Apr.5  Obama 'offering to cut US pensions' Mar.14  JP Morgan accused of hiding losses Mar.1   Obama signs budget cuts into effect   US President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy Feb.28  No deal in sight on US budget cuts Jan.14  Obama takes stand on debt fight Jan.3  Ratings firms urge US budget solution Jan.1   President Obama praises US 'fiscal cliff' deal
  Obama has hailed a deal reached to stave off drastic taxation and spending measures as 'just one step in the broader effort to strengthen the economy'


year 2012 Top ^

Dec.31   US Senate approves key tax deal   U.S. Senate: The US Senate has approved a deal to avert tax hikes and spending cuts known as the 'fiscal cliff'   US to miss 'fiscal cliff' deadline   The US will miss a midnight deadline and head over the 'fiscal cliff'', after the House of Representatives said it would hold no vote on Mon... Dec.27   Senate leader Harry Reid voices fiscal cliff fear   U.S. Senate: The US appears to be heading over the 'fiscal cliff', with prospects dim for a deal to avoid tax rises and spending cuts, the US Senate leader... Dec.10 HSBC 'to pay $1.9bn' in US deal  London: HSBC is to pay US authorities $1.9bn (1.2bn) in a settlement over money-laundering, say reports, the largest ever in such a case Nov.9  Obama to address looming fiscal cliff Sep.13 Fed acts to bolster US economy Mar.23  Surprise US World Bank candidate

year 2011 Top ^

Dec.17 US Senate passes key funding bill
. U.S. Senate Sep.25 Eurozone rescue plan 'emerging' Sep.21  Fed launches stimulus initiative Sep.19 Obama outlines US deficit plans Sep.17 New Obama plan to tax wealthiest Sep.1  US 'to sue banks over mortgages' Apr.13  Obama urges cuts and taxing rich Jan.31  US spending 'best in three years' Jan.27  US financial crisis 'avoidable'

year 2010 Top ^

Nov.3 Fed pumps $600bn into US economy
Oct.6  Dollar falls to 15-year low against yen Sep.30  'US bill on yuan would hurt both countries' Jul.21 Obama signs financial reform law Jul.15 US financial reform passed by Senate. U.S. Senate May.20 Senate approves reforms of Wall Street. U.S. Senate Apr.28  Republicans allow financial reform debate Apr.27  Goldman Sachs' under fire at hearing Apr.24  US urges quick action on Greece at IMF Jan.21   Obama pushes new bank regulation   US President has proposed significant new curbs on the activities of banks to try to prevent future financial crises, include limits to the size...

year 2009 Top ^

Dec.14  Obama tells US banks to lend more Oct.21  Plans bailout firm bonus cut Sep.14 Obama issues warning to bankers
Apr.22  Freddie Mac chief found dead Mar.26  US plans to rein in Wall Street Mar.23 US unveils $1tn toxic asset plan  The US has announced details of a plan to buy up to $1 trillion worth of toxic assets to help repair banks' balance sheets Mar.19  US lawmakers vote for bonus tax Feb.21  Obama hails 'fastest' US tax cut Feb.2  Obama predicts more bank failures

year 2008 Top ^

Dec.19 Bush unveils $17.4bn car bail-out
Dec.16  Madoff grilling for US watchdog Nov.25 US Fed announces $800bn stimulus  The Federal Reserve is to inject another $800bn into the US economy in a further effort to stabilise the financial system Nov.23 Citigroup secures U.S. government lifeline Nov.14 World leaders grapple with crisis   The world leaders gathering for economic summit may be looking ahead to his successor. Bush is ready to defend Western-style capitalism Nov.12  Paulson: US bail-out working Oct.29 Treasury spends $125 billion on 9 banks Oct.14  Plans to buy stakes in major banks Oct.11  IMF in global 'meltdown' warning Oct.10 G7 nations pledge to fight crisis Oct.8 World's central banks slash interest rates  London: The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market l... Oct.7  Wall Street flat as Fed unveils new plan Oct.3 House backs $700bn bail-out plan
  House of Representatives: The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector.    The package is to buy the bad debts of failing financial institutions on Wall Street. The vote was the second in a week, following ...
Oct.1 Senate backs new bail-out bill. U.S. Senate Sep.30  Bush warning over bail-out delay Sep.29   $700 billion bailout package failed  House of Representatives: Democrats and Republicans immediately blamed each other for the failure of the bailout package in the House  Wall Street bail-out goes to vote Sep.28 US lawmakers publish rescue deal. U.S. Congress  Obama and McCain back bail-out package Sep.27  'Great progress' in US bail-out Sep.26 Bailout talks implode Sep.25  Wall St rescue plan 'needs work' Sep.24 Bush: Bail-out 'vital to easing crisis' Sep.23  Congress cool after bail-out plea Sep.19   Bush hails financial rescue plan
  President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets
Sep.18  US pledges financial rescue plan Sep.7 US takes over key mortgage firms
  US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history
Aug.5 Iraq's projected $80b surplus stirs anger
  U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 billion Jul.16 US inflation rate at 26-year high Jul.13  US moves to bolster lending firms Apr.30  Further cut in interest rates Apr.8  IMF may sell 400 tons of gold Mar.31  US plans finance system overhaul Mar.18 Federal Reserve slashes rates by 0.75   The Federal Reserve has cut US interest rates to 2.25% to restore confidence to nervous financial markets and boost the ailing economy Jan.18  Bush calls for economic stimulus package

year 2007 Top ^

Dec.12 Central banks act on credit fears
Dec.6  Bush details housing rescue plan Aug.31  Federal Reserve in rate cut hint Aug.10 Central banks pour money into system. London

year 2006 Top ^

Feb.6  Bush seeks defence spending rise

year 2005 Top ^

Sep.24  IMF committee backs debt erasure Sep.7 Bush seeks $50bn hurricane relief
. U.S. Congress Apr.16  G-7 finance leaders focus on oil, debt

year 2003 Top ^

Sep.7   Bush to ask 87 billions more for Iraq
  President has told the American people that Iraq is ''now the central front' in a global war against terrorism Aug.27 Bremer: Iraq effort to cost tens of billions
Jan.7  Bush unveils tax cutting package

year 2001 Top ^

Oct.3 Bush package to boost economy
Mar.20  Fed cuts rates half a point