scrape_speeches.ipynb

{
 "cells": [
  {
   "cell_type": "code",
   "execution_count": 1,
   "metadata": {},
   "outputs": [],
   "source": [
    "from bs4 import BeautifulSoup\n",
    "import requests\n",
    "import pandas as pd\n",
    "from textblob import TextBlob"
   ]
  },
  {
   "cell_type": "markdown",
   "metadata": {},
   "source": [
    "# Create a dataframe of all the speeches"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 20,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years=pd.DataFrame(columns=['link','title','speaker','event','year'])\n",
    "years=range(1996,2006)\n",
    "for year in years:\n",
    "    speeches_one_year = pd.DataFrame()\n",
    "    page = requests.get(f'https://www.federalreserve.gov/newsevents/speech/{year}speech.htm')\n",
    "    soup = BeautifulSoup(page.text, 'html.parser')\n",
    "    title = soup.select(\".title\")\n",
    "    speakers = soup.select(\".speaker\")\n",
    "    locations = soup.select(\".location\")\n",
    "    for i in range(len(title)):\n",
    "        speeches_one_year.at[i,'link'] = 'https://www.federalreserve.gov'+title[i].find_all('a', href=True)[0]['href']\n",
    "        speeches_one_year.at[i,'title'] = title[i].text.split('\\n')[1]\n",
    "        speeches_one_year.at[i,'speaker'] = speakers[i].text.split('\\n')[1].strip()\n",
    "        speeches_one_year.at[i,'event'] = locations[i].text.split('\\n')[1].strip()\n",
    "        speeches_one_year.at[i,'year'] = year\n",
    "    all_years=all_years.append(speeches_one_year,ignore_index=True)"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 3,
   "metadata": {},
   "outputs": [],
   "source": [
    "years=range(2006,2021)\n",
    "for year in years:\n",
    "    if year > 2010:\n",
    "        page = requests.get(f'https://www.federalreserve.gov/newsevents/speech/{year}-speeches.htm')\n",
    "    else:\n",
    "        page = requests.get(f'https://www.federalreserve.gov/newsevents/speech/{year}speech.htm')\n",
    "    soup = BeautifulSoup(page.text, 'html.parser')\n",
    "    events = soup.select(\".eventlist__event\")\n",
    "    speeches_one_year = pd.DataFrame()\n",
    "    for i,speech in enumerate(events):\n",
    "        speeches_one_year.at[i,'link'] = 'https://www.federalreserve.gov'+events[i].find_all('a', href=True)[0]['href']\n",
    "        speeches_one_year.at[i,'title'] = events[i].text.split('\\n')[2]\n",
    "        if events[i].text.split('\\n')[3]=='Watch Live' or events[i].text.split('\\n')[3]=='Video':\n",
    "            speeches_one_year.at[i,'speaker'] = events[i].text.split('\\n')[4]\n",
    "            speeches_one_year.at[i,'event'] = events[i].text.split('\\n')[5]\n",
    "        else:\n",
    "            speeches_one_year.at[i,'speaker'] = events[i].text.split('\\n')[3]\n",
    "            speeches_one_year.at[i,'event'] = events[i].text.split('\\n')[4]\n",
    "        speeches_one_year.at[i,'year'] = year\n",
    "    all_years=all_years.append(speeches_one_year,ignore_index=True)"
   ]
  },
  {
   "cell_type": "markdown",
   "metadata": {},
   "source": [
    "# Get the speeches text"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 4,
   "metadata": {},
   "outputs": [
    {
     "name": "stdout",
     "output_type": "stream",
     "text": [
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    }
   ],
   "source": [
    "old_site_version_length = sum(all_years['year']<1999)\n",
    "for i in range(old_site_version_length):\n",
    "    print(i)\n",
    "    page = requests.get(all_years.loc[i,'link'])\n",
    "    soup = BeautifulSoup(page.text, 'html.parser')\n",
    "    text_list = [i for i in soup.find('p').getText().split('\\n') if i] \n",
    "    text_list=text_list[:-8]\n",
    "    text_list = ' '.join(text_list)\n",
    "    text_list = text_list.replace('--', ' ')\n",
    "    text_list = text_list.replace('\\r', '')\n",
    "    text_list = text_list.replace('\\t', '')\n",
    "    all_years.loc[i,'text'] = text_list"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 5,
   "metadata": {},
   "outputs": [
    {
     "name": "stdout",
     "output_type": "stream",
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    }
   ],
   "source": [
    "for i in range(len(all_years)):\n",
    "    if ((all_years.loc[i,'year']>1998) & (all_years.loc[i,'year']<2006)):\n",
    "        print(i)\n",
    "        page = requests.get(all_years['link'].iloc[i])\n",
    "        soup = BeautifulSoup(page.text, 'html.parser')\n",
    "        events = soup.select(\"table\")\n",
    "        if len(str(events[0].text))>600:\n",
    "            text_list = [i for i in events[0].text if i] \n",
    "        else:\n",
    "            text_list = [i for i in events[1].text if i]\n",
    "        text_list = ''.join(text_list)\n",
    "        text_list = text_list.replace('--', '')\n",
    "        text_list = text_list.replace('\\r', '')\n",
    "        text_list = text_list.replace('\\t', '')\n",
    "        if ((i>=383) & (i<=536)):\n",
    "            text_list = text_list.replace('     ', ' ')\n",
    "            text_list = text_list.replace('    ', ' ')\n",
    "        all_years.loc[i,'text'] = text_list"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 6,
   "metadata": {},
   "outputs": [
    {
     "name": "stdout",
     "output_type": "stream",
     "text": [
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     ]
    }
   ],
   "source": [
    "black_listed=[744,748]\n",
    "for i in range(1,len(all_years)):\n",
    "    if ((all_years.loc[i,'year']>2005) and (i not in black_listed)):\n",
    "        print(i)\n",
    "        page = requests.get(all_years.loc[i,'link'])\n",
    "        soup = BeautifulSoup(page.text, 'html.parser')\n",
    "        events = soup.select(\".col-md-8\")\n",
    "        text_list = events[1].text\n",
    "        text_list = text_list.replace('\\xa0', ' ')\n",
    "        text_list = text_list.replace('\\n', ' ')\n",
    "        all_years.loc[i,'text'] = text_list"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 8,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years['date'] = all_years['link'].str.extract('(\\d\\d\\d\\d\\d\\d\\d\\d)')"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 10,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years = all_years[~all_years['text'].isna()]"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 11,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years['text_len'] = all_years['text'].str.split().apply(len)"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 12,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years['location'] = all_years.event.str.split(', ').apply(lambda x: x[-1])"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 13,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years.loc[all_years['speaker']=='Chairman  Ben S. Bernanke','speaker'] = 'Chairman Ben S. Bernanke'\n",
    "all_years.loc[all_years['speaker']=='Governor Ben S. Bernanke and Vincent R. Reinhart, Director, Division of Monetary Affairs','speaker'] = 'Governor Ben S. Bernanke'\n",
    "all_years.loc[all_years['speaker']=='Governor Donald L. Kohn and Brian P. Sack, Senior Economist','speaker'] = 'Governor Donald L. Kohn'\n",
    "all_years.loc[all_years['speaker']=='Governor Susan Schmidt Bies','speaker'] = 'Governor Susan S. Bies'\n",
    "all_years.loc[all_years['speaker']=='Vice Chair for Supervision and Chair of the Financial Stability Board Randal K. Quarles','speaker'] = 'Vice Chair for Supervision Randal K. Quarles'\n",
    "all_years.loc[all_years['speaker']=='Vice Chairman for Supervision and Chair of the Financial Stability Board Randal K. Quarles','speaker'] = 'Vice Chair for Supervision Randal K. Quarles'\n",
    "all_years.loc[all_years['speaker']=='Vice Chairman for Supervision Randal K. Quarles','speaker'] = 'Vice Chair for Supervision Randal K. Quarles'\n",
    "all_years.loc[all_years['speaker']=='Vice Chairman Roger W. Ferguson, Jr','speaker'] = 'Vice Chairman Roger W. Ferguson'\n",
    "all_years.loc[all_years['speaker']=='Vice Chairman Roger W. Ferguson, Jr.','speaker'] = 'Vice Chairman Roger W. Ferguson'\n",
    "all_years.loc[all_years['speaker']=='Chair Jerome H. Powell','speaker'] = 'Chairman Jerome H. Powell'\n",
    "all_years.loc[all_years['speaker']=='Vice Chair Richard H. Clarida','speaker'] = 'Vice Chairman Richard H. Clarida'"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 14,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years = all_years[all_years['speaker']!='Brian F. Madigan, Director, Division of Monetary Affairs']"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 15,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years = all_years[all_years.text_len!=0]"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 16,
   "metadata": {},
   "outputs": [],
   "source": [
    "all_years.to_csv('data_backup_2106.csv',index=False)"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 19,
   "metadata": {},
   "outputs": [
    {
     "data": {
      "text/html": [
       "<div>\n",
       "<style scoped>\n",
       "    .dataframe tbody tr th:only-of-type {\n",
       "        vertical-align: middle;\n",
       "    }\n",
       "\n",
       "    .dataframe tbody tr th {\n",
       "        vertical-align: top;\n",
       "    }\n",
       "\n",
       "    .dataframe thead th {\n",
       "        text-align: right;\n",
       "    }\n",
       "</style>\n",
       "<table border=\"1\" class=\"dataframe\">\n",
       "  <thead>\n",
       "    <tr style=\"text-align: right;\">\n",
       "      <th></th>\n",
       "      <th>link</th>\n",
       "      <th>title</th>\n",
       "      <th>speaker</th>\n",
       "      <th>event</th>\n",
       "      <th>year</th>\n",
       "      <th>text</th>\n",
       "      <th>date</th>\n",
       "      <th>text_len</th>\n",
       "      <th>location</th>\n",
       "    </tr>\n",
       "  </thead>\n",
       "  <tbody>\n",
       "    <tr>\n",
       "      <th>0</th>\n",
       "      <td>https://www.federalreserve.gov/boarddocs/speec...</td>\n",
       "      <td>Supervision of bank risk-taking</td>\n",
       "      <td>Vice Chair Alice M. Rivlin</td>\n",
       "      <td>At the The Brookings Institution National Issu...</td>\n",
       "      <td>1996.0</td>\n",
       "      <td>I discovered when I joined the Board of Govern...</td>\n",
       "      <td>19961219.0</td>\n",
       "      <td>3671</td>\n",
       "      <td>D.C.</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>1</th>\n",
       "      <td>https://www.federalreserve.gov/boarddocs/speec...</td>\n",
       "      <td>Social security</td>\n",
       "      <td>Chairman Alan Greenspan</td>\n",
       "      <td>At the Abraham Lincoln Award Ceremony of the U...</td>\n",
       "      <td>1996.0</td>\n",
       "      <td>I am privileged to accept the Union League of...</td>\n",
       "      <td>19961206.0</td>\n",
       "      <td>2596</td>\n",
       "      <td>Pennsylvania</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>2</th>\n",
       "      <td>https://www.federalreserve.gov/boarddocs/speec...</td>\n",
       "      <td>The challenge of central banking in a democrat...</td>\n",
       "      <td>Chairman Alan Greenspan</td>\n",
       "      <td>At the Annual Dinner and Francis Boyer Lecture...</td>\n",
       "      <td>1996.0</td>\n",
       "      <td>The Challenge of Central Banking in a Democrat...</td>\n",
       "      <td>19961205.0</td>\n",
       "      <td>4344</td>\n",
       "      <td>D.C.</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>3</th>\n",
       "      <td>https://www.federalreserve.gov/boarddocs/speec...</td>\n",
       "      <td>Clearinghouses and risk management</td>\n",
       "      <td>Governor Edward W. Kelley, Jr.</td>\n",
       "      <td>At the 1996 Payments System Risk Conference, W...</td>\n",
       "      <td>1996.0</td>\n",
       "      <td>It is a pleasure to be with you this morning ...</td>\n",
       "      <td>19961203.0</td>\n",
       "      <td>2527</td>\n",
       "      <td>D.C.</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>4</th>\n",
       "      <td>https://www.federalreserve.gov/boarddocs/speec...</td>\n",
       "      <td>Supervisory and regulatory responses to financ...</td>\n",
       "      <td>Governor Susan M. Phillips</td>\n",
       "      <td>At the BAI Seminar on Regulatory Policy Change...</td>\n",
       "      <td>1996.0</td>\n",
       "      <td>Supervisory and Regulatory Responses to Financ...</td>\n",
       "      <td>19961125.0</td>\n",
       "      <td>2222</td>\n",
       "      <td>D.C.</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>...</th>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "      <td>...</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>1451</th>\n",
       "      <td>https://www.federalreserve.gov/newsevents/spee...</td>\n",
       "      <td>The Digitalization of Payments and Currency: S...</td>\n",
       "      <td>Governor Lael Brainard</td>\n",
       "      <td>At the Symposium on the Future of Payments, St...</td>\n",
       "      <td>2020.0</td>\n",
       "      <td>I want to thank Darrell Duffie for inviting m...</td>\n",
       "      <td>20200205.0</td>\n",
       "      <td>4018</td>\n",
       "      <td>California</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>1452</th>\n",
       "      <td>https://www.federalreserve.gov/newsevents/spee...</td>\n",
       "      <td>Spontaneity and Order: Transparency, Accountab...</td>\n",
       "      <td>Vice Chair for Supervision Randal K. Quarles</td>\n",
       "      <td>At the American Bar Association Banking Law Co...</td>\n",
       "      <td>2020.0</td>\n",
       "      <td>It's a great pleasure to be with you today at...</td>\n",
       "      <td>20200117.0</td>\n",
       "      <td>4286</td>\n",
       "      <td>D.C.</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>1453</th>\n",
       "      <td>https://www.federalreserve.gov/newsevents/spee...</td>\n",
       "      <td>The Outlook for Housing</td>\n",
       "      <td>Governor Michelle W. Bowman</td>\n",
       "      <td>At the 2020 Economic Forecast Breakfast, Home ...</td>\n",
       "      <td>2020.0</td>\n",
       "      <td>Few sectors are as central to the success of ...</td>\n",
       "      <td>20200116.0</td>\n",
       "      <td>1884</td>\n",
       "      <td>Missouri</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>1454</th>\n",
       "      <td>https://www.federalreserve.gov/newsevents/spee...</td>\n",
       "      <td>U.S. Economic Outlook and Monetary Policy</td>\n",
       "      <td>Vice Chairman Richard H. Clarida</td>\n",
       "      <td>At the C. Peter McColough Series on Internatio...</td>\n",
       "      <td>2020.0</td>\n",
       "      <td>Thank you for the opportunity to join you bri...</td>\n",
       "      <td>20200109.0</td>\n",
       "      <td>1057</td>\n",
       "      <td>New York</td>\n",
       "    </tr>\n",
       "    <tr>\n",
       "      <th>1455</th>\n",
       "      <td>https://www.federalreserve.gov/newsevents/spee...</td>\n",
       "      <td>Strengthening the Community Reinvestment Act b...</td>\n",
       "      <td>Governor Lael Brainard</td>\n",
       "      <td>At the Urban Institute, Washington, D.C.</td>\n",
       "      <td>2020.0</td>\n",
       "      <td>Good morning. I am pleased to be here at the ...</td>\n",
       "      <td>20200108.0</td>\n",
       "      <td>4332</td>\n",
       "      <td>D.C.</td>\n",
       "    </tr>\n",
       "  </tbody>\n",
       "</table>\n",
       "<p>1456 rows × 9 columns</p>\n",
       "</div>"
      ],
      "text/plain": [
       "                                                   link  \\\n",
       "0     https://www.federalreserve.gov/boarddocs/speec...   \n",
       "1     https://www.federalreserve.gov/boarddocs/speec...   \n",
       "2     https://www.federalreserve.gov/boarddocs/speec...   \n",
       "3     https://www.federalreserve.gov/boarddocs/speec...   \n",
       "4     https://www.federalreserve.gov/boarddocs/speec...   \n",
       "...                                                 ...   \n",
       "1451  https://www.federalreserve.gov/newsevents/spee...   \n",
       "1452  https://www.federalreserve.gov/newsevents/spee...   \n",
       "1453  https://www.federalreserve.gov/newsevents/spee...   \n",
       "1454  https://www.federalreserve.gov/newsevents/spee...   \n",
       "1455  https://www.federalreserve.gov/newsevents/spee...   \n",
       "\n",
       "                                                  title  \\\n",
       "0                       Supervision of bank risk-taking   \n",
       "1                                       Social security   \n",
       "2     The challenge of central banking in a democrat...   \n",
       "3                    Clearinghouses and risk management   \n",
       "4     Supervisory and regulatory responses to financ...   \n",
       "...                                                 ...   \n",
       "1451  The Digitalization of Payments and Currency: S...   \n",
       "1452  Spontaneity and Order: Transparency, Accountab...   \n",
       "1453                            The Outlook for Housing   \n",
       "1454          U.S. Economic Outlook and Monetary Policy   \n",
       "1455  Strengthening the Community Reinvestment Act b...   \n",
       "\n",
       "                                           speaker  \\\n",
       "0                       Vice Chair Alice M. Rivlin   \n",
       "1                          Chairman Alan Greenspan   \n",
       "2                          Chairman Alan Greenspan   \n",
       "3                   Governor Edward W. Kelley, Jr.   \n",
       "4                       Governor Susan M. Phillips   \n",
       "...                                            ...   \n",
       "1451                        Governor Lael Brainard   \n",
       "1452  Vice Chair for Supervision Randal K. Quarles   \n",
       "1453                   Governor Michelle W. Bowman   \n",
       "1454              Vice Chairman Richard H. Clarida   \n",
       "1455                        Governor Lael Brainard   \n",
       "\n",
       "                                                  event    year  \\\n",
       "0     At the The Brookings Institution National Issu...  1996.0   \n",
       "1     At the Abraham Lincoln Award Ceremony of the U...  1996.0   \n",
       "2     At the Annual Dinner and Francis Boyer Lecture...  1996.0   \n",
       "3     At the 1996 Payments System Risk Conference, W...  1996.0   \n",
       "4     At the BAI Seminar on Regulatory Policy Change...  1996.0   \n",
       "...                                                 ...     ...   \n",
       "1451  At the Symposium on the Future of Payments, St...  2020.0   \n",
       "1452  At the American Bar Association Banking Law Co...  2020.0   \n",
       "1453  At the 2020 Economic Forecast Breakfast, Home ...  2020.0   \n",
       "1454  At the C. Peter McColough Series on Internatio...  2020.0   \n",
       "1455           At the Urban Institute, Washington, D.C.  2020.0   \n",
       "\n",
       "                                                   text        date  text_len  \\\n",
       "0     I discovered when I joined the Board of Govern...  19961219.0      3671   \n",
       "1      I am privileged to accept the Union League of...  19961206.0      2596   \n",
       "2     The Challenge of Central Banking in a Democrat...  19961205.0      4344   \n",
       "3      It is a pleasure to be with you this morning ...  19961203.0      2527   \n",
       "4     Supervisory and Regulatory Responses to Financ...  19961125.0      2222   \n",
       "...                                                 ...         ...       ...   \n",
       "1451   I want to thank Darrell Duffie for inviting m...  20200205.0      4018   \n",
       "1452   It's a great pleasure to be with you today at...  20200117.0      4286   \n",
       "1453   Few sectors are as central to the success of ...  20200116.0      1884   \n",
       "1454   Thank you for the opportunity to join you bri...  20200109.0      1057   \n",
       "1455   Good morning. I am pleased to be here at the ...  20200108.0      4332   \n",
       "\n",
       "          location  \n",
       "0             D.C.  \n",
       "1     Pennsylvania  \n",
       "2             D.C.  \n",
       "3             D.C.  \n",
       "4             D.C.  \n",
       "...            ...  \n",
       "1451    California  \n",
       "1452          D.C.  \n",
       "1453      Missouri  \n",
       "1454      New York  \n",
       "1455          D.C.  \n",
       "\n",
       "[1456 rows x 9 columns]"
      ]
     },
     "execution_count": 19,
     "metadata": {},
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    }
   ],
   "source": [
    "all_years"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": null,
   "metadata": {},
   "outputs": [],
   "source": []
  }
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