WASHINGTON (Reuters) – President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.

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U.S. lawmakers press for action on China currency

WASHINGTON (Reuters) – The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill on financial regulatory reform unveiled on Monday by the chairman of the Senate Banking Committee, Christopher Dodd.

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Dodd boosts Fed in new financial reforms

WASHINGTON (Reuters) – Senate Banking Committee Chairman Christopher Dodd on Monday unveiled a bill to revamp U.S. financial rules that would place a consumer protection agency within the Federal Reserve and give the central bank new powers over non-bank financial firms.

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Dodd unveils bill that puts consumer agency at Fed

WASHINGTON (Reuters) – President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.

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Lawmakers press for action on yuan

WASHINGTON (Reuters) – A bipartisan group of 130 U.S. lawmakers on Monday urged top Obama administration officials to take immediate action to address China’s “currency manipulation.”

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Lawmakers press for action on China currency

WASHINGTON (Reuters) – San Francisco Federal Reserve Bank President Janet Yellen, a monetary policy dove, tops President Barack Obama’s list to be No. 2 at U.S. central bank, the White House said on Friday.

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Yellen leads picks for Fed seat

WASHINGTON (Reuters) – San Francisco Federal Reserve President Janet Yellen is a leading contender to be nominated as vice chairman of the Federal Reserve, White House spokesman Robert Gibbs said on Friday.

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Yellen a top contender for Fed vice chair: White House

WASHINGTON (Reuters) – San Francisco Federal Reserve Bank President Janet Yellen is a leading contender to be nominated by President Barack Obama as vice chair of the central bank, a senior administration official said on Friday.

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Yellen called leading contender for Fed vice chair

NEW YORK (Reuters) – In mid-January, a who’s who of Wall Street gathered to hear Paul Volcker, the former Federal Reserve chairman whose role in the White House seemed at best unclear.

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Cheap cigars, politics and the Volcker Rule

WASHINGTON (Reuters) – Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices.

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Bank reform talks fail, Dodd to go solo

TOKYO (Reuters) – Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time.

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Toyota hands over 2006 dissident memo to U.S. panel

WASHINGTON (Reuters) – The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.

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Senate passes $149 billion for jobless aid

WASHINGTON (Reuters) – The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.

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Senate passes $149 bln for jobless aid, tax breaks

WASHINGTON (Reuters) – The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday.

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Senators wrestle with Fed bank oversight issues

BEIJING (Reuters) – The decision by the United States to impose preliminary duties on Chinese coated paper and phosphate salts was unfair and discriminatory, a spokesman for China’s Commerce Ministry said in a statement seen on Saturday.

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China calls U.S. duties on paper, salts unfair