Jake Bernstein
ProPublica
New York, NY, United States
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Past articles by Jake:
What We Still Don’t Know About the Fed’s Leak Investigation
After looking for nearly six months, the Federal Reserve says it couldn’t find out who had shared confidential policy information. Critics in Congress aren’t satisfied with the account. → Read More
Fed Inspector General Reopens Leak Investigation
The move comes as Senate Finance Committee Chairman Sen. Orrin Hatch demands more information about how a private newsletter obtained confidential details of Fed discussions. → Read More
A Stress Test For The New York Fed
As congressional critics push for reform of Wall Street’s lead regulator, Fed Chairwoman Janet Yellen says more of the decisions on bank oversight have shifted to Washington, D.C. → Read More
Fed Tapes - ProPublica
A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator — and its history of deference to banks. → Read More
Sen. Warren, Rep. Cummings Press Federal Reserve For Details of Leak Investigation
Sen. Elizabeth Warren and Rep. Elijah Cummings. (Dina Rudick/The Boston Globe via Getty Images, Alex Wong/Getty Images)Two congressional Democrats have asked the Federal Reserve Board for a briefing about its investigation into a leak of confidential Fed policy deliberations two years ago. Sen. Elizabeth Warren, D-Massachusetts, and Rep. Elijah Cummings, D-Maryland, sent the request today to… → Read More
High-Level Fed Committee Overruled Carmen Segarra’s Finding on Goldman
New York Fed President Bill Dudley says senior Fed officials did not accept a conclusion that had been endorsed by frontline Fed examiners stationed at some of the nation's largest banks. → Read More
Top Fed Policy Group Brought Up Leak to Private Newsletter
Answering a ProPublica records request, the Federal Reserve acknowledged a leak Federal Open Market Committee information but declined to release the committee's transcripts on the matter. → Read More
A Leak at the Federal Reserve
Ben Bernanke ordered an internal review of a previously undisclosed leak that found its way into a newsletter for big investors, revealing confidential bond-buying details. → Read More
Leak at Federal Reserve Revealed Confidential Bond-Buying Details
Then-Chairman Ben Bernanke ordered an internal review of the previously undisclosed leak, which found its way into a newsletter for big investors. → Read More
New York Fed Chief Stands Firm Against Charges of Weak Oversight
Bank President William Dudley said supervision is stronger than ever, but Democratic senators were unconvinced: → Read More
Federal Reserve Announces Sweeping Review of Its Big Bank Oversight
Ahead of Senate hearing on regulatory capture, the Federal Reserve Board wants to look at whether the views of examiners are being heard by higher-ups. → Read More
The Carmen Segarra Tapes
Carmen Segarra secretly recorded 46 hours of audio while embedded as a bank examiner at Goldman Sachs between November 2011 and May 2012. These are some of her recordings. → Read More
Secret Tapes Suggest Regulators At JPMorgan Were Blocked From Doing Their Jobs
This story originally appeared on ProPublica: As the Federal Reserve Bank of New York moved to beef up its oversight of Wall Street two years ago, the team charged with supervising the nation's largest bank, JPMorgan Chase, was in turmoil. New ... → Read More
Secret Tapes Hint at Turmoil in New York Fed Team Monitoring JPMorgan
Examiners are reportedly blocked from doing their job as → Read More
Senate Hearing Set on Secret Recordings at N.Y. Fed
A banking subcommittee will explore the case of fired examiner Carmen Segarra and whether the Federal Reserve Bank of New York is too soft on institutions it supervises. → Read More
Inside the New York Fed: Secret Recordings and a Culture Clash
A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator -- and its history of deference to banks. → Read More
The War on Cancer: Big Pharma Is Keeping Us From Developing Low-Cost Treatments
Big Pharma’s focus on blockbuster cancer drugs squeezes out research into potential treatments that are more affordable. Says one researcher: "What is scientific and sexy is driven by what can be monetized." → Read More
MIA In The War On Cancer: Where Are The Low-Cost Treatments?
Big Pharma’s focus on blockbuster cancer drugs squeezes out research into potential treatments that are more affordable. Says one researcher: “What is scientific and sexy is driven by what can be monetized.” → Read More
Caramadre Gets Six Years for Investment Scheme Involving Terminally Ill
Judge cites “very real emotional and psychological victimization → Read More
Caramadre Gets Six Years for Investment Scheme Involving Terminally Ill
Judge cites “very real emotional and psychological victimization → Read More