Supreme Court Says Feds Must Name Bailed Out Banks

The nation's high court let stand a ruling that the Federal Reserve must disclose the names of banks that got emergency bailouts during the 2008 fiscal crisis. The information, including the names of lenders and the amounts they got, were sought by Bloomberg News and Fox News. The Clearing House Association, which represents the largest U.S. commercial banks, appealed the decision, saying it could hurt the banks' reputations. "Taxpayers have been left completely in the dark as to who has received the money and what they are doing with it," wrote Steve Watson for

Contact Us