news.cuna.org/articles/106817-inside-washington

Inside Washington

July 17, 2015

WASHINGTON (7/17/15)--Federal Reserve Chair Janet Yellen spent her second day before members of Congress Thursday, this time in front of the Senate Banking Committee. During her remarks, Yellen repeated Wednesday’s assertion that the Fed will likely raise interest rates by the end of the year, in a “gradual manner” as long as the economy keeps improving. Yellen also said that moving too soon could threaten the current economic recovery, while waiting too long could be costly as well ...

WASHINGTON (7/17/15)--Consumer Financial Protection Bureau Deputy Director Steven Antonakes will resign from the agency, according to a report in The Wall Street Journal (July 16). According to the report, Antonakes sent a memo to employees Thursday. He has served as the deputy director for the past two years and worked for the bureau since it was founded. Antonakes did not specify his departure date or next destination ...