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eLibrary Resources
- The US Federal Reserve building is seen on July 30, 2009

The US Federal Reserve building is seen on July 30, 2009 in Washington, DC. The US Senate on May 11, 2010 unanimously approved an amendment to a financial reform bill that aims to open the secretive Federal Reserve to outside scrutiny. The measure introduced by Senator Bernie Sanders, an independent on the left, was passed by a vote of 96 to 0. It directs the Government Accountability Office, an investigative arm of Congress, to conduct a complete audit of the Fed within a year, reviewing all the loans and other financial aid it has provided since December 1, 2007 during one of the worst financial crisis in US history.
KAREN BLEIER/AFP/Getty Images
- Federal Reserve Board Chairman Ben Bernanke testifies
Fed Rates
Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on March 17, 2010 on Capitol Hill in Washington DC. Facing unsustainable budget deficits, the United States will have to make difficult choices between higher taxes and social spending, Federal Reserve chairman Ben Bernanke said on April 7, 2010. In prepared remarks to be delivered in Dallas, Texas, Bernanke warned the need to trim deficits was made more acute by a rapidly aging population.
TIM SLOAN/AFP/Getty Images

Chart showing 10-year trend in U.S. federal funds rate
Carr, KRT News Graphics, 03-16-2010
- Greenspan Testifies On Capitol Hill

Federal Reserve Chairman Alan Greenspan testifies during a hearing before the House Budget Committee September 12, 2002 on Capitol Hill in Washington, D.C. Chairman Greenspan urged Congress to control its spending or the nation may see higher interest rates in the future.
Photo by Alex Wong/Getty Images
Resources taken from Proquest's eLibrary
Charts and Tables
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Federal Reserve policies: Monetary base, year-to-year percentage . . .

On the political economy of the financial crisis and bailout of 2008-2009
Congleton, Roger D, Public Choice [Public Choice]. Vol. 140, no. 3-4, pp. 287-317. Sep 2009.
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The 26 monetary assets from the Federal Reserve

A BAYESIAN CLASSIFICATION APPROACH TO MONETARY AGGREGATION
Serletis, Apostolos, Macroeconomic Dynamics. Vol. 13, no. 2, pp. 200-219. Apr 2009.
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CLEARING HOUSES, FEDERAL RESERVE FACILITIES, AND RESERVE CITIES BY STATE, 1930

The Check is in the Mail: Correspondent Clearing and the Collapse of the Banking System, 1930 to 1933
Richardson, Gary, Journal of Economic History. Vol. 67, no. 3, pp. 643-671. Sep 2007.
Tables taken from ProQuest's Illustrata
Scholars
- James A. Wilcox
Economic Analysis & Policy, University of California, Berkeley http://www.haas.berkeley.edu/groups/finance/wilcox.html
- Banking: mergers and acquisitions, cost reductions by consolidation, lending and bank capital, effects of economic conditions on banks, small business and banking
- Business conditions: Federal Reserve monetary policy and interest rates, unemployment and inflation, consumer spending, outlook for the economy
- Conversions: mutual-to-stock conversions of financial institutions, credit union failures and losses, credit union cost and profit performance
- Carmen M. Reinhart
Professor, Economics, University of Maryland http://terpconnect.umd.edu/~creinhar/ currency and banking crises, financial liberalization and capital flows; volatile international capital movements and capital controls
- Henry W. Chappell
Professor, Economics, University of South Carolina http://professorchappell.com/ His current research involves the analysis of voting on monetary policy issues within the Federal Open Market Committee at the Federal Reserve.
Scholars taken from ProQuest's Community
of Scholars
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