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 Chairman Open To Rolling Back Bank Regulation

Fed Chairman Open To Rolling Back Bank Regulation
Fed Chairman Open To Rolling Back Bank Regulation
November 29, 2017  |  Bank Regulation

Jerome Powell, President Donald Trump’s pick as chairman of the Federal Reserve, said at his confirmation hearing that he supports rolling back some bank regulations,...

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Business Spending Buoyant In October
Business Spending Buoyant In October
November 24, 2017  |  Business

Despite new orders for key U.S.-made capital goods unexpectedly falling in October, a steady increase in shipments is a sign of strong business investment and...

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Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
November 17, 2017  |  Legal & Regulation

Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy...

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Faster Payments And The Fed, Two Years On
Faster Payments And The Fed, Two Years On
November 15, 2017  |  Real-Time Payments

The year 2020 looms large in the payments realm, marked off by the Federal Reserve as the year faster payments are to be truly commonplace,...

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Lawmakers Reach Deal To Loosen Dodd-Frank For Regional Banks
Lawmakers Reach Deal To Loosen Dodd-Frank For Regional Banks
November 14, 2017  |  Legal & Regulation

A bipartisan group of U.S. senators has agreed to lift some of the financial regulations placed on regional banks following the 2008 financial crisis, according...

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New Study Suggests Online Lenders Target Vulnerable Consumers
New Study Suggests Online Lenders Target Vulnerable Consumers
November 13, 2017  |  Loans

The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who...

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The Surprises Edition: Ethereum, PayPal And The Fed
The Surprises Edition: Ethereum, PayPal And The Fed
November 13, 2017  |  Today In Data

The news was full of surprises this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Fed Taking New Look At FinTechs
Fed Taking New Look At FinTechs
November 08, 2017  |  Legal & Regulation

The Federal Reserve’s new vice chairman for supervision said the agency will take a closer look at the potential disruptions posed by FinTech firms. Get...

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