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feds

Fed’s Barkin: Ukraine events not likely to change case for U.S. rate hikes

February 24, 2022
Fed's barkin: ukraine events not likely to change case for u. S. Rate hikes - photo licensed by shore news network.

WASHINGTON – The Russian invasion of Ukraine probably won’t change the “underyling logic” behind the Federal Reserve’s plans to raise interest rates, but the impact …

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Fed’s Bowman: too soon to tell if half percentage point rate hike needed in March

February 21, 2022
Fed's bowman: too soon to tell if half percentage point rate hike needed in march - photo licensed by shore news network.

– It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March …

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Feds Indict Two Men For Robbery Spree Targeting Latino Businesses in North Philadelphia Late Last Year

February 19, 2022
Feds indict two men for robbery spree targeting latino businesses in north philadelphia late last year - photo licensed by shore news network.

PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Omar White-Davis, 28, of Philadelphia, PA, and Acia Moore, 20, also of Philadelphia, PA, were …

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Fed’s Brainard sees case for U.S. central bank digital currency

February 18, 2022
Fed's brainard sees case for u. S. Central bank digital currency - photo licensed by shore news network.

– Federal Reserve Board Governor Lael Brainard on Friday laid out a case for the role a U.S. central bank digital currency could play in …

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NY Fed’s Williams says central bank can manage soft landing for economy

February 18, 2022
Ny fed's williams says central bank can manage soft landing for economy - photo licensed by shore news network.

NEW YORK – Supply chain issues may gradually recede over time, easing some inflationary pressures and helping the Federal Reserve achieve its goal of controlling …

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Fed’s Evans says policy “wrong-footed,” but may not need to be restrictive

February 18, 2022
Fed's evans says policy "wrong-footed," but may not need to be restrictive - photo licensed by shore news network.

By Howard Schneider NEW YORK – Current high inflation requires a “substantial repositioning” of Federal Reserve policy, but not so much that it will restrict …

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Fed’s messaging on pivot gets high marks from Wall Street

February 17, 2022
Fed's messaging on pivot gets high marks from wall street - photo licensed by shore news network.

By Ann Saphir – Federal Reserve Chair Jerome Powell won high marks from Wall Street as he dialed up expectations late last year for a …

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Fed’s Daly: Being too aggressive on rate hikes could be destabilizing

February 13, 2022
Fed's daly: being too aggressive on rate hikes could be destabilizing - photo licensed by shore news network.

– Being too “abrupt and aggressive” with interest rate increases could be counter-productive to the Federal Reserve’s goals, San Francisco Federal Reserve Bank President Mary …

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Fed’s Barkin: ‘I’d have to be convinced’ of need for half-point rate hike

February 10, 2022
Fed's barkin: 'i'd have to be convinced' of need for half-point rate hike - photo licensed by shore news network.

By Ann Saphir -Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be “conceptually” open to raising interest rates by a bigger-than-usual …

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Fed’s loudest hawk ramps up odds for monster rate hike after hot inflation data

February 11, 2022February 10, 2022
Fed's loudest hawk ramps up odds for monster rate hike after hot inflation data - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss NEW YORK -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at …

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Fed’s Mester says case for half-percentage-point rate hike in March not compelling

February 9, 2022February 9, 2022
Fed's mester says case for half-percentage-point rate hike in march not compelling - photo licensed by shore news network.

By Jonnelle Marte -The Federal Reserve will have to move faster than it has in the past to remove accommodation and tame inflation that is …

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Fed’s Mester says she doesn’t see compelling case to start with 50 bps rate hike

February 9, 2022
Fed's mester says she doesn't see compelling case to start with 50 bps rate hike - photo licensed by shore news network.

NEW YORK – It is time for the Federal Reserve to start removing accommodation and raising interest rates, but it is not necessary for the …

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Fed’s Bowman: keeping ‘open mind’ on central bank digital currency

February 9, 2022
Fed's bowman: keeping 'open mind' on central bank digital currency - photo licensed by shore news network.

By Ann Saphir – Federal Reserve Governor Michelle Bowman said Wednesday said she is “trying to keep an open mind” about the usefulness of a …

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U.S. may be on ‘cusp’ of inflation slowdown, Fed’s Bostic tells CNBC

February 9, 2022
U. S. May be on 'cusp' of inflation slowdown, fed's bostic tells cnbc - photo licensed by shore news network.

WASHINGTON – The U.S. economy may be nearing a turn lower in inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he …

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Fed’s Daly says U.S. inflation could get worse before it gets better

February 8, 2022February 8, 2022
Fed's daly says u. S. Inflation could get worse before it gets better - photo licensed by shore news network.

WASHINGTON -High U.S. inflation may get even higher before subsiding in the face of Federal Reserve action and as supply chain strains recede, San Francisco …

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Fed’s Barkin says rates should move to pre-pandemic levels, then assess next steps

February 3, 2022February 3, 2022
Fed's barkin says rates should move to pre-pandemic levels, then assess next steps - photo licensed by shore news network.

By Howard Schneider WASHINGTON – The U.S. Federal Reserve needs to begin raising interest rates but it is too soon to say how far or …

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Raskin tells Senate it is not Fed’s job to prescribe bank lending

February 2, 2022
Raskin tells senate it is not fed's job to prescribe bank lending - photo licensed by shore news network.

By Pete Schroeder WASHINGTON – Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, plans to tell lawmakers she does …

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Fed’s Bullard sees three successive hikes to start policy tightening

February 1, 2022
Fed's bullard sees three successive hikes to start policy tightening - photo licensed by shore news network.

By Ann Saphir and Howard Schneider -St. Louis Federal Reserve President James Bullard on Tuesday said he favors starting the turn to tighter U.S. monetary …

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Fed’s Bullard says unemployment rate can go below 3% this year

February 1, 2022
Fed's bullard says unemployment rate can go below 3% this year - photo licensed by shore news network.

NEW YORK -St. Louis Federal Reserve Bank President James Bullard said he sees the unemployment rate falling below 3% this year, a jobless rate the …

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Fed’s Bullard does not think a half-point rate hike ‘really helps us’ -Reuters interview

February 1, 2022February 1, 2022
Fed's bullard does not think a half-point rate hike 'really helps us' -reuters interview - photo licensed by shore news network.

– St. Louis Federal Reserve President James Bullard on Tuesday said he favors lifting rates at the U.S. central bank’s meeting in March and likely …

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Fed’s Barkin says pace of U.S. rate hikes depends on inflation

January 31, 2022
Fed's barkin says pace of u. S. Rate hikes depends on inflation - photo licensed by shore news network.

By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend …

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Fed’s George: aggressive balance sheet reduction may allow for fewer rate hikes

January 31, 2022
Fed's george: aggressive balance sheet reduction may allow for fewer rate hikes - photo licensed by shore news network.

By Jonnelle Marte -The Federal Reserve can move sooner to start reducing its bond holdings than in the past and aggressive action to shrink the …

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Feds Step-Up Focused Effort to Deter Violent Crime in Philadelphia

January 21, 2022
Feds step-up focused effort to deter violent crime in philadelphia - photo licensed by shore news network.

As Part of All Hands on Deck Initiative, U.S. Attorney’s Office Secures Indictments Against Delaware Man Accused in FDR Park Carjacking and Against Philadelphia Felon …

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North County Property Owner Pleads Guilty to “Crack House” Indictment; Feds Force Sale and Forfeiture of Multi-Acre Compound

January 5, 2022
North county property owner pleads guilty to “crack house” indictment; feds force sale and forfeiture of multi-acre compound - photo licensed by shore news network.

Assistant U.S. Attorneys Kevin Mokhtari (619) 546-8402 and David J. Rawls (619) 546-7966 NEWS RELEASE SUMMARY – January 4, 2021 SAN DIEGO – Sean T. Sheeter, …

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Feds charge 11 in Newark fentanyl, crack cocaine distribution network

December 16, 2021
Feds charge 11 in newark fentanyl, crack cocaine distribution network - photo licensed by shore news network.

NEWARK, N.J. – Eleven people were charged today for their respective roles in a fentanyl and crack cocaine distribution organization that sold large quantities of …

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50 years later, feds identify bank teller who made off with biggest bank heist in Ohio history

November 23, 2021
50 years later, feds identify bank teller who made off with biggest bank heist in ohio history - photo licensed by shore news network.

Cleveland, OH – On Friday July 11, 1969, Theodore John Conrad walked into his job at the Society National Bank at 127 Public Square in Cleveland …

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Afghan Father Who Helped US Forces Sues Feds For Not Saving His Sons Stranded In Afghanistan: REPORT

October 8, 2021
Afghan father who helped us forces sues feds for not saving his sons stranded in afghanistan: report - photo licensed by shore news network.

An Afghan father and ally to American military operations in the country sued the U.S. in an effort to reunite with his two sons who …

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8 Arrested in Wyoming Meth Dealing Network

April 3, 2021
$1,000,000 in meth

GILLETTE, WYOMING – Acting United States Attorney Bob Murray announced today that the United States District Court for the District of Wyoming has sentenced eight …

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Laredoan admits to transporting over 100 illegal aliens

April 3, 2021
Laredoan admits to transporting over 100 illegal aliens - photo licensed by shore news network.

LAREDO, TEXAS – A 59-year-old Laredo man has entered a guilty plea to conspiracy to transport illegal aliens, announced Acting U.S. Attorney Jennifer B. Lowery. …

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Lubbock County Man Sentenced to Life for Enticement of 11-Year-Old Relative

April 3, 2021
Lubbock county man sentenced to life for enticement of 11-year-old relative - photo licensed by shore news network.

SHALLOWATER, TEXAS – A Shallowater, Texas man was sentenced today to life in federal prison for enticement of an 11-year-old relative, announced Acting U.S. Attorney …

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Ohio Man Enters Guilty Plea to Federal Drug Offense

April 3, 2021
Ohio man enters guilty plea to federal drug offense - photo licensed by shore news network.

CHARLESTON, WEST VIRGINIA – A Cleveland, Ohio man pleaded guilty today to a federal drug crime.  James Lavan, 45, pled guilty to possession with intent …

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New York Man, Alabama Woman Charged for Supporting ISIS terrorists

April 3, 2021
Isis - a terrorist carrying the organization's flag.

NEW YORK – Audrey Strauss, the U.S. Attorney for the Southern District of New York, John C. Demers, the Assistant Attorney General for National Security, …

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Convicted Sex Offender Arrested On Multiple Child Ponography Charges

April 3, 2021
Convicted sex offender arrested on multiple child ponography charges - photo licensed by shore news network.

ROCHESTER, NEW YORK – U.S. Attorney James P. Kennedy, Jr. announced today that John Geimer, 54, of Rochester, NY, was arrested and charged by criminal …

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New Orleans Convict Admits to using gun during drug trafficking

April 3, 2021
New orleans convict admits to using gun during drug trafficking - photo licensed by shore news network.

NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evansannounced that ASHONTI HALL, 30,of New Orleans, Louisiana, pleaded guilty on March 31, 2021 to possessing a firearm in …

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Man granted “compassion release” from prison heading back for multiple violations

April 3, 2021
Man granted "compassion release" from prison heading back for multiple violations - photo licensed by shore news network.

           CONCORD – Andrew Dufresne, 49, previously of Gardner, Massachusetts pleaded guilty in federal court to several violations of his term of …

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Israeli National gets 30 Months in Prison for Bail Jumping Distributing prescription drugs

April 3, 2021
Israeli national gets 30 months in prison for bail jumping distributing prescription drugs - photo licensed by shore news network.

           CONCORD NEW HAMPSHIRE – Boaz BenMoshe, 58, of Israel, was sentenced to 30 months in federal prison for bail jumping and …

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Philadelphia Man Sentenced For Drug Trafficking

April 3, 2021
Philadelphia man sentenced for drug trafficking - photo licensed by shore news network.

WILLIAMSPORT, PENNSYLVANIA – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Markeese Askew, age 28, of Philadelphia, Pennsylvania, was sentenced …

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Houston Man Sentenced for Distributing Heroin

April 3, 2021
Houston man sentenced for distributing heroin - photo licensed by shore news network.

NEW ORLEANS, LOUISIANA –  U.S. Attorney Duane A. Evans announced that on April 1, 2021, ALEXANDER MURIEL-DIAZ, age 55, of Houston, Texas, was sentenced by United …

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KC Man in Fatal Downtown Shooting Sentenced for Drug Trafficking

April 3, 2021
Kc man in fatal downtown shooting sentenced for drug trafficking - photo licensed by shore news network.

KANSAS CITY, MISSOURI – A Kansas City, Missouri, man who reportedly was involved in a fatal shootout between two groups outside a downtown bar was …

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Lynn Man Pleads Guilty in Connection with Missing Warhol Paintings

April 3, 2021
Lynn man pleads guilty in connection with missing warhol paintings - photo licensed by shore news network.

BOSTON , MASSACHUSETS – A Lynn man pleaded guilty today in connection with taking and attempting to sell two Warhol paintings on eBay. Brian R. …

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OKC Man Sentenced to 80 Years in Federal Prison After Five Years of Criminal Conduct

April 3, 2021
Okc man sentenced to 80 years in federal prison after five years of criminal conduct - photo licensed by shore news network.

OKLAHOMA CITY , OKLAHOMA – Today, DOMINIC EUGENE HUNT, aka “Dime Sack,” 26, of Oklahoma City, was sentenced to 80 years in prison on numerous firearms, …

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Savannah man heading to federal prison for carjacking

April 3, 2021
Savannah man heading to federal prison for carjacking - photo licensed by shore news network.

SAVANNAH, GEORGIA –   A Savannah man will spend nearly eight years in federal prison after admitting to a carjacking that left the vehicle crashed …

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White supremacist prison gang leader gets more prison time

April 3, 2021
White supremacist prison gang leader gets more prison time - photo licensed by shore news network.

BOISE, IDAHO – Harlan Hale, 55, a leader of the Idaho prison gang known as the Aryan Knights, or “AK,” was sentenced to life in …

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Man Facing First Degree Murder Charge for a 2005 Triple Homicide

April 3, 2021
Man facing first degree murder charge for a 2005 triple homicide - photo licensed by shore news network.

OWASSO, OKLAHOMA – A man previously convicted in state court of a 2005 triple homicide appeared by video conference at a preliminary hearing today in …

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Bartlesville Man Charged with 1,200 indecent photos of children

April 3, 2021
Bartlesville man charged with 1,200 indecent photos of children - photo licensed by shore news network.

BARTLESVILLE, OKLAHOMA – A 76-year-old Bartlesville man who downloaded and viewed more than 1200 images and 79 videos of child [censored]ography on his electronic devices …

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Reptile Dealer Arrested On Lacey Act And Firearms Charges

April 3, 2021
Reptile dealer arrested on lacey act and firearms charges - photo licensed by shore news network.

VALDOSTA, GEORGIA  – A reptile dealer, with a residence in Valdosta, Georgia, appeared in Columbia, South Carolina, federal court on Wednesday, March 31, for his …

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Oxon Hill El Salvadorian MS-13 Gang Member Arrested for Gun Trafficking

October 11, 2020
Oxon hill el salvadorian ms-13 gang member arrested for gun trafficking - photo licensed by shore news network.

OXON HILL, MD – Wilber Vigil-Benitez, also known as “Solitario,” of El Salvador, was arrested today on an outstanding arrest warrant from the United States …

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