Governors Meet With Obama on States' Fiscal-Cliff

Dec. 4 (Bloomberg) -- Governors Jack Markell of Delaware and Mary Fallin of Oklahoma, the chairman and vice chairman of the National Governors Association, speak at a news conference in Washington about their meeting today with President Barack Obama on state concerns with the so-called fiscal cliff. Governors Gary Herbert of Utah, Scott Walker of Wisconsin, Mike Beebe of Arkansas, and Mark Dayton of Minnesota also participate. (Source: Bloomberg)

Fed Approves Emergency Lending Limits for Financial Firms
13:31 - Federal Reserve Chair Janet Yellen presides over a meeting of the Fed Board of Governors in Washington to discuss and vote on rules governing the central bank's ability to help failing financial firms. Under the Fed’s revised authority approved in the vote Monday, the central bank would only be able to save firms in a broad-based scenario, meaning it must help at least five entities at the same time. (Source: Bloomberg)
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