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

New Fed Chair Powell Has Bitcoin On His Mind

New Fed Chair Powell Has Bitcoin On His Mind
New Fed Chair Powell Has Bitcoin On His Mind
November 02, 2017  |  Bitcoin

Fed Governor Jerome “Jay” Powell, the favorite to be named the next head of the U.S. central bank, already has some strong opinions about bitcoin....

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Consumers’ Spending Blows Past September Estimates
Consumers’ Spending Blows Past September Estimates
October 31, 2017  |  Consumer Insights

U.S. consumer spending saw its largest increase in more than eight years in September, buoyed by the replacement of flood-damaged vehicles in Texas and Florida,...

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Q3 US GDP Rises Despite Hurricanes
Q3 US GDP Rises Despite Hurricanes
October 27, 2017  |  Economy

Through ill winds — literally — the U.S. economy managed to grow significantly in the third quarter, as measured by gross domestic product (GDP). Get the Full...

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How To Drive The Conversations At Money 20/20
How To Drive The Conversations At Money 20/20
October 23, 2017  |  Money 20/20

If conversation is currency, what about conversations about currency? When thousands of payments professionals gather in one place, you'd better know the lingua franca. So...

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For MineralTree, Sowing The Seeds Of AP Automation
For MineralTree, Sowing The Seeds Of AP Automation
October 18, 2017  |  B2B Payments

Call it the 7 percent solution. Or rather, 7 percent … in need of a solution. Get the Full Story Complete the form to unlock...

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Fed Names 27 To Serve On US Faster Payments Working Group
Fed Names 27 To Serve On US Faster Payments Working Group
October 13, 2017  |  Payment Methods

The Federal Reserve, on behalf of the Governance Framework Formation Team, announced the members of the collaborative industry short-term workgroup tasked with developing a governance...

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Fed President Says Banks Too Vulnerable To FinTechs
Fed President Says Banks Too Vulnerable To FinTechs
October 13, 2017  |  Bank Regulation

The president of the Federal Reserve Bank of St. Louis, James Bullard, warned Thursday (Oct. 12) that banking regulators in the U.S. need to pick...

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Traditional Lenders Strengthened September SMB Lending Activity
Traditional Lenders Strengthened September SMB Lending Activity
October 12, 2017  |  B2B Payments

Just days after the Federal Reserve released a report highlighting the changing role of small business loans at community banks, the latest Biz2Credit Small Business...

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