Federal Reserve Assesses Vulnerability, Viability of New York City’s Basement Housing May 28, 2024 Approximately 10% of low-income and immigrant New Yorkers live in areas with basement apartments that are at high risk of...
New York Fed to Present Research on Impact of Extreme Weather Events October 26, 2023 The Federal Reserve Bank of New York announced it will release a nine-part blog series on the economic and financial...
NY Fed Says Supply Chain Pressures Normalized in February March 7, 2023 Global supply chains have “returned to normal,” the Federal Reserve Bank of New York said on Monday, with pressures dropping...
AIG Bailout Rushed Without Complete Documentation, Fed Lawyer Testifies October 2, 2014 By Andrew Zajac The Federal Reserve Bank of New York poured billions of dollars into rescuing American International Group Inc. in September 2008...
Judge Denies New York Fed Employee Whistleblower Protection Over Firing April 24, 2014 By Jonathan Stempel A federal judge on Wednesday dismissed a lawsuit against the Federal Reserve Bank of New York by a former bank...
Report: Superstorm Sandy’s Fallout Tough on Small Businesses April 23, 2014 By Frank Eltman When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll...
AIG Ends a Bailout-Related Lawsuit Against N.Y. Federal Reserve May 30, 2013 By Jonathan Stempel American International Group Inc. has agreed to end litigation against the Federal Reserve Bank of New York over whether the...
Ex-AIG CEO Greenberg, Starr May Appeal Dismissal of Bailout Suit November 19, 2012 By Jonathan Stempel The Federal Reserve Bank of New York won the dismissal of former American International Group Inc. Chief Executive Maurice “Hank”...
New York Fed Sells Last of Its AIG Assets, Ending Ties with Insurer August 23, 2012 The Federal Reserve Bank of New York brought to a close another chapter in the government’s taxpayer-funded bailouts of 2008...
Taxpayers See Gain As New York Fed Sells Last of AIG Bailout Bonds February 29, 2012 By Carrick Mollenkamp and Jonathan Spicer The Federal Reserve Bank of New York on Tuesday sold the remaining portion of mortgage-backed securities acquired in the 2008...