Fed's Bies, policy centrist, to step down March 30
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U.S. Federal Reserve Governor Susan Bies, a banking expert and monetary-policy centrist, will step down on March 30, the central bank said on Friday, marking the third top Fed official to announce a departure this year.
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Ben Bernanke has tried hard not to  follow his predecessor Alan Greenspan into the political arena  by commenting on fiscal policy, but the Federal Reserve chief  will find it difficult to stay above the fray this week.
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The global rout appeared to be abating after reassuring comments by the chairman of the U.S. Federal Reserve.
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Bodil Nyboe Andersen, the first woman to lead Denmark's central bank, said Friday she'll retire next year after about a decade in the post.
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Federal Reserve Chairman Ben  Bernanke will testify on July 19 and 20 on the Fed&#039;s semiannual  monetary policy report, congressional committees said on  Monday.
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PRESIDENT BUSHâS post-election reshaping of the US Administration spread to his top-level economics team last night as the White House announced the departure of Stephen Friedman, its chief economics adviser.
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The Federal Reserve Chairman Friday urged the federal government to reduce its budget deficit and to encourage greater personal saving.
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James Cayne, the chief executive of Bear Stearns, is reported to be planning to step down soon.
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The Bush administration's point   person for the giant Medicare and Medicaid health programs, Dr.   Mark McClellan, is stepping down, the White House said on   Tuesday.
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Mark B. McClellan, the head of the Centers for Medicare and Medicaid Services, announced today that he will leave that position by early October.
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Ben S. Bernankeâs call for consideration of stricter regulation of mortgage lending practices signals a shift from regulatory policy over the past several years.
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Bear Stearns Cos Inc  leader James Cayne, under fire for the collapse of two hedge funds, will step down as chief executive and hand that role to the company's star investment banker, Alan Schwartz, the company said on Tuesday.
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Federal Reserve Chairman Ben  Bernanke on Wednesday estimated that the decline in housing  construction could reduce gross domestic product growth later  this year by a percentage point.
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Dr. Mark B. McClellan, administrator of the federal Centers for Medicare and Medicaid Services, is set to resign, The Dallas Morning News reported.
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Federal Reserve Chairman Ben Bernanke on Wednesday estimated that the decline in housing construction could reduce gross domestic product growth later this year by a percentage point.
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The Federal Reserve Bank of Atlanta  said on Thursday that President Jack Guynn would retire on  October 1 after 42 years at the bank.
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The Federal Reserve is expected to cut interest rates by a quarter point Wednesday.