Posted inNational News

Federal Reserve Chairman Seeks Broader Banking Regulations

The Federal Reserve plans to maintain broad regulations over the banking industry, Chairman Ben Bernanke said during the week of March 15. Bernanke recommended tougher capital requirements for big banks, limits on investments by money-market mutual funds, and the U.S. government possibly running some big financial institutions temporarily. “Any firm whose failure would pose a […]

Posted inNational News

Muffled Black Criticisms Reflect Racial Pride, Pragmatism

African Americans have given President Obama a racial pass – that’s something on which his Black supporters and opponents agree. That uncomfortable truth, however, seems to be creating an increasingly persistent itch within the Black community, especially in light of the disproportionate growth of joblessness that plague their neighborhoods and the president’s unwillingness to consider […]

Posted inNational News

Obama Administration Briefs Black Journalists on Health Care Reform

WASHINGTON, D.C. – Comprehensive health care reform can significantly reduce disparities in health coverage among African-Americans, Health and Human Services Secretary Kathleen Sebelius said in a roundtable discussion with the Black press ahead of a key vote on March 21. Sebulius said diversifying the workforce of insurance providers and reducing health disparities will help cut […]

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