Home » Topics » new york fed

New York Fed fired examiner who refused to go soft on Goldman Sachs: report

A version of this story was co-published with The Washington Post. In the spring of 2012, a senior examiner with the Federal Reserve Bank of New York determined that Goldman Sachs had a problem. Under a Fed mandate, the investment banking behemoth was expected to have a company-wide policy to…

New York Fed: Student loan debt now over $1 trillion

The Federal Reserve Bank of New York claimed in a published report Wednesday that student loan debt in the U.S. has now surpassed $1 trillion, for the first time ever exceeding the total amount of credit card debt held by Americans. Due to the rising cost of education across the…