federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Fed Rewrites Rules to Bring Cross-Border Payments to FedNow

Fed Rewrites Rules to Bring Cross-Border Payments to FedNow
Fed Rewrites Rules to Bring Cross-Border Payments to FedNow
April 08, 2026  |  Cross-border Payments

The Federal Reserve Board proposed Wednesday (April 8) that U.S. banks and credit unions be allowed to use intermediaries to transfer funds through the FedNow® Service. Get the...

READ MORE >
IMF Warns Crypto Risks Could Trigger Financial Instability
IMF Warns Crypto Risks Could Trigger Financial Instability
April 07, 2026  |  Blockchain

Financial systems have typically evolved through a combination of innovation and crisis. It tends to go like this: New technologies promise efficiency, only for their...

READ MORE >
Fed Data Signals Consumers Pulling Back on Credit Card Spending
Fed Data Signals Consumers Pulling Back on Credit Card Spending
April 07, 2026  |  Consumer Finance

Consumer credit continued to expand in February, though the latest data suggests households are becoming more selective in how they borrow and spend. Get the...

READ MORE >
Fed Capital Changes Put Small Business Lending Back in Play
Fed Capital Changes Put Small Business Lending Back in Play
April 07, 2026  |  SMBs

The flow of credit to small businesses may loosen somewhat, but the direction of that capital will be determined by digital channels. Get the Full...

READ MORE >
Dallas Fed Chief Calls for Cutting Red Tape to Shrink Balance Sheet
Dallas Fed Chief Calls for Cutting Red Tape to Shrink Balance Sheet
April 02, 2026  |  Bank Regulation

Eliminating regulations that boost reserve holdings without making the financial system safer could help the Federal Reserve shrink its balance sheet, Lorie Logan, president and...

READ MORE >
Fed Vice Chair Bowman: Capital Rules Will Support Small Business Credit
Fed Vice Chair Bowman: Capital Rules Will Support Small Business Credit
April 01, 2026  |  SMBs

Proposed changes to federal banking regulators’ capital rules would encourage access to small business credit, Federal Reserve Vice Chair for Supervision Michelle Bowman said Tuesday (March 31). Get the...

READ MORE >
Citi CEO Jane Fraser Joins Federal Reserve Advisory Council for NY Fed
Citi CEO Jane Fraser Joins Federal Reserve Advisory Council for NY Fed
April 01, 2026  |  Banking

The New York Fed has named Citigroup CEO Jane Fraser to the Federal Reserve Board of Governors’ Federal Advisory Council. Get the Full Story Complete the form to...

READ MORE >
Mobile Sports Betting Drives Up Credit Delinquency, NY Fed Says
Mobile Sports Betting Drives Up Credit Delinquency, NY Fed Says
March 30, 2026  |  Consumer Finance

When mobile sports betting is legalized, consumers’ financial health suffers, according to a study released Wednesday (March 25) by the New York Fed. Get the...

READ MORE >
Lawmakers Press Bank Regulators on Tech Rules and Delays
Lawmakers Press Bank Regulators on Tech Rules and Delays
March 26, 2026  |  Bank Regulation

A House Financial Services subcommittee hearing on financial technology and regulation explored how much supervisory uncertainty banks are expected to tolerate as regulators rework their...

READ MORE >