Word: feds
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...having any protection at all. Suppose, as one bill floating around Washington proposes, that, rather than a $35 flat fee, overdraft charges were proportional to the size of the overdraft—or that you were permitted a limited number of overdrafts each year at a reasonable rate. The Fed regulation doesn’t preclude these measures from being considered by Congress, but it makes immediate action on a bill that had a questionable amount of support to begin with far less likely...
...Putin's ruling United Russia party and a former head of the anti-organized crime units in the Soviet Interior Ministry. He says the roots of the current difficulties can be traced to the collapse of the Soviet Union, when police officers went into the private sector en masse, fed up with low pay, corruption and the brazen violence sweeping the country. He estimates that 100,000 officers left the profession each year from 1991 to 2004 nationwide. "There are very few people anymore who work as police officers because it is their calling," Gurov says...
Paul Volcker, the former Fed chairman, and Mervyn King, the governor of the Bank of England, agree that governments should mandate separation between commercial and investment banks. Volcker argues that President Obama’s “regulate the giants” approach is insufficient, since the market changes faster than regulators can keep up with it. Under Volcker’s plan, commercial banks and investment banks would still be free to flourish—just as separate companies...
...they will receive from their card companies. A better understanding of the nuances and implications of each respective card policy will create a more financially-literate pool of customers much more aware of the decisions they make and the impact of those decisions. In that sense, while the Fed has at once protected customers nationwide from continued abuse, it has also done much to educate these customers about their financial health and well-being, an essential step in cultivating the kind of citizens upon which this administration relies...
Junior Laura Martindale fed the puck to sophomore Danielle DiCesare, who launched a shot at senior goaltender Christina Kessler. The puck bounced off Kessler’s pads and right onto the stick of a charging Landry, who slammed a shot into the empty side of the net to give the Tigers a 1-0 lead...