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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Mar 05, 2008

Page

11

Bernanke urges action to ease mounting home foreclosures

Federal Reserve Chair Ben Bernanke pressed banks and mortgage lenders to boost loan relief for distressed homeowners. He advocated principal reductions to restore equity and reduce delinquency, acknowledging lenders may resist and prices could fall further. Industry voices cite the dilemma as a tough business decision.

Washington, D.C Ben Bernanke Federal Reserve Gage Bemanke Bill Stevens Capital Bank Greenwood, S.C

Inspectors in Iraq kept amid congressional pressure

Under pressure from lawmakers the State Department agreed to retain nine AID inspectors in Baghdad to monitor reconstruction and health aid in Iraq. The move preserves on ground oversight of billions in U S foreign assistance and stops proposed cuts or transfers to Jordan Egypt or Germany. House and Senate leaders urged keeping key development officials in place.

Washington D.C State Department Iraq U.S. Agency For International Develop‘ment Baghdad Jordan Egypt Germany Norm Coleman R-Minn Coleman Ryan Crocker House Howard Berman D-Calif Foreign Affairs Committee Condoleezza Rice Berman United States U.S Crocker

Also Mentioned on This Page

Bernanke Jeannine Arens Sion Fed Senate Banking Committee Satcher Motor Company Progressive netState State Farm Harttora Wrei First Baptist Church Chesterfield St York Street Richland Avenue Michael McCullar Johns Creek 1St Church Alpharetta Georgia FEC Barry Mike Flowers Senate Committee On Investigations Army George Casey Senate Armed Services Committee Capitol Hill South Aiken High School Athletic Booster Club the Fermata Club Whiskey Road Aiken South Carolina Sahs Athletic Booster Club Aiken, SC Sahs Athletic Auction Tammy Groff Dean Groff
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