Fed's $4 Trillion Assets Draw Lawmaker Ire Amid Bubble Concern
The Federal Reserve's balance sheet is poised to exceed $4 trillion, prompting warnings its record easing is inflating asset-price bubbles and drawing renewed lawmaker scrutiny just as Janet Yellen prepares to take charge.
Groups sue feds over foreclosure fighting tactic
The American Civil Liberties Union has sued the Federal Housing Finance Agency, asking it to disclose efforts to stop municipalities from using eminent domain to bail out underwater homeowners and make its dealings with the financial industry more transparent.
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A customer looks at a F-150 pickup at a Ford dealership on September 4, 2013 in North Miami, Florida.
Eminent domain to fight foreclosures is divisive
Using eminent domain to bail out underwater homeowners won't fix all Irvington's problems, but Mayor Wayne Smith thinks anything that can help some residents of his economically struggling township is worth trying.
Fed Anxiety Increases as QE Raises Risk of Bond Losses With Political Cost
The longer the Federal Reserve continues its bond-buying stimulus, the higher the odds it will face a year without any money to give the U.S. Treasury after taxpayers received a record $88.4 billion profit in 2012.