Paul Volcker

A former Federal Reserve chairman who dismissed concerns about the 2000s housing bubble attempted to squash fears of a 1970s-style inflation crisis under President Joe Biden.

 

As procrastinators rush to beat the April 15 tax deadline and thousands rally at Tea Parties to oppose out of control government spending, politicians and the national news media are mulling the possibility of a new European-style national sales tax. On April 6, former Federal Reserve chairman and current White House economic adviser Paul Volcker revealed the Obama administration's possible…

As the old cliché goes, you don't use a sledgehammer to crack a nut, but according to Rick Santelli, that's exactly what it appears the Obama administration is doing terms of financial regulation and fiscal discipline. On CNBC's Feb. 2 broadcast of "Fast Money," host Melissa Lee proposed that taxing the wealthy is not the path to "economic prosperity and fiscal stability." Santelli, the network'…

It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his viewers to be aware of this and to strategically position their stock…

Is the luster finally wearing off the love affair between the White House press corps and President Barack Obama? It is, if CBS White House correspondent Chip Reid's analysis of President Barack Obama's latest Wall Street proposals is anything to go by. Reid appeared on the Fox Business Network's Jan. 25 "Imus in the Morning" program and offered an update on the president's financial and…

There's a lot of uncertainty with the U.S. economy and a lot of its recovery hinges on some key policy decisions due from the federal government.  On CNBC's Nov. 2 "The Kudlow Report," CNBC host Maria Bartiromo discussed her interview with former Chairman of the Federal Reserve and Obama adviser Paul Volcker from the Global Financial Leadership Conference in Naples, Fla. One of the topics…

You might know Barack Obama as the most liberal member of the Senate, a hyper-partisan who toed the Harry Reid line an amazing 97% of the time. But Andrea Mitchell sees in Obama a bipartisan president in the making. Appearing on Morning Joe today, Mitchell came close to speaking of an Obama presidency as a given, just managing to curb her enthusiasm. And wait till you see the people she cited…