BREAKING NEWS

US presidential candidate Sanders says he would reform the Fed

By REUTERS

JANUARY 5, 2016 22:23

WASHINGTON - US Democratic presidential candidate Bernie Sanders on Tuesday said he would restructure the Federal Reserve if he is elected in November 2016.

Sanders said that the Federal Reserve, the US central bank, should not pay financial institutions interest for the money they keep at the Fed and that such institutions should instead pay the Fed a fee.

Sanders also said he would bar financial industry executives from serving on the presidentially appointed Fed board.

Sanders, a democratic socialist and US senator from Vermont, is challenging front-runner Hillary Clinton, a former secretary of state and US senator from New York, and former Maryland Governor Martin O'Malley for the Democratic nomination.

Tennessee lawmakers pass bill allowing teachers to carry guns in schools

By REUTERS

04/24/2024 02:11 AM

US VP Harris to Herzog: 'US committed to Israel's security'

By JERUSALEM POST STAFF

04/24/2024 01:58 AM

Launches from Lebanon cross into the area of Margaliot, no alert sounds

By JERUSALEM POST STAFF

04/23/2024 11:26 PM

Two killed by Israeli airstrike in southern Lebanon's Hanin

By REUTERS

04/23/2024 11:20 PM