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

Sen. Warren Slams CFPB’s Plan To Revisit Enforcement Actions

Sen. Warren Slams CFPB’s Plan To Revisit Enforcement Actions
Sen. Warren Slams CFPB’s Plan To Revisit Enforcement Actions
December 19, 2017  |  Legal & Regulation

The Federal Reserve reported Monday (Dec. 18) that it would repeal Regulation C, a regulation pertaining to home mortgage disclosures, and is proposing to limit...

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Fed’s Quarles To Recuse Himself From Anything Wells Fargo
Fed’s Quarles To Recuse Himself From Anything Wells Fargo
December 17, 2017  |  Bank Regulation

The Federal Reserve’s vice chair who is in charge of policing Wall Street, Randal Quarles, said late last week he is recusing himself from anything...

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Why The Amazon Effect Complicates The Fed’s Interest Rate Decisions
Why The Amazon Effect Complicates The Fed’s Interest Rate Decisions
December 12, 2017  |  Amazon

The ability and tendency of the average American consumer to hit the web to purchase goods or at least research them and their price has...

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Fed Names New Payments Security Leader
Fed Names New Payments Security Leader
December 11, 2017  |  B2B Payments

The U.S. Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. 8). Get the Full Story Complete the form...

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Fed Gets New Payments Security Head, Bitcoin Gets More Scrutiny
Fed Gets New Payments Security Head, Bitcoin Gets More Scrutiny
December 11, 2017  |  News

While the world watched bitcoin, there were other events in the regulatory arena that bore watching. Get the Full Story Complete the form to unlock...

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NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
NY Fed Ponders Legal Action Over $81M Bangladeshi Heist
December 08, 2017  |  Cybersecurity

In what may be a legal salvo over a monumental bank heist perpetrated by cyber thieves, the central bank of Bangladesh has asked the New...

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Fed’s Powell Has No Plans To Issue Digital Currency
Fed’s Powell Has No Plans To Issue Digital Currency
November 30, 2017  |  Bitcoin

While the Federal Reserve does not have plans to issue digital currency, it is actively researching the underlying technology, said John Williams, president of the...

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New York Fed President Not Feeling The Bitcoin Giddiness
New York Fed President Not Feeling The Bitcoin Giddiness
November 30, 2017  |  Bitcoin

Bitcoin may be trading close to $10,000 after starting the year around $1,000, but Federal Reserve Bank of New York President William Dudley isn’t sharing...

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