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

Mortgage Decline Masks Growing Card and Auto Debt

Mortgage Decline Masks Growing Card and Auto Debt
Mortgage Decline Masks Growing Card and Auto Debt
August 11, 2026  |  Consumer Finance

A rare decline in overall U.S. household debt has masked the fact that consumers are still adding balances to the forms of credit most closely...

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Consumers Cut Extras as Credit Card Debt Nears a Record
Consumers Cut Extras as Credit Card Debt Nears a Record
August 07, 2026  |  Consumer Finance

The June credit report indicates that the checkout total can keep rising even when the consumer’s financial cushion is getting thinner. Get the Full Story...

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Federal Reserve Readies Pilot Survey to Gauge Private Credit Markets
Federal Reserve Readies Pilot Survey to Gauge Private Credit Markets
August 05, 2026  |  Markets

The Federal Reserve Bank of Dallas and the Federal Reserve Bank of New York plan to launch a pilot survey of the U.S. private credit...

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Fed and FDIC Move to Raise Regulation O Insider Lending Caps
Fed and FDIC Move to Raise Regulation O Insider Lending Caps
August 03, 2026  |  Bank Regulation

The Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) have each proposed raising the thresholds of credit that banks can extend to insiders. Get...

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Fed Moves to Give Mutual Banks More Flexibility to Raise Capital
Fed Moves to Give Mutual Banks More Flexibility to Raise Capital
July 31, 2026  |  Banking

The Federal Reserve is seeking comment on a proposal that it said would modernize rules for mutual banking organizations and increase their flexibility to raise capital....

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Feds Say Banking Agencies Have Trouble Uncovering Outdated Rules
Feds Say Banking Agencies Have Trouble Uncovering Outdated Rules
July 28, 2026  |  Legal & Regulation

In 1996, Congress passed legislation requiring banking agencies to address unneeded regulatory burdens. Get the Full Story Complete the form to unlock this article and...

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Fed Opens a New Front in Access to Its Payment Rails
Fed Opens a New Front in Access to Its Payment Rails
July 27, 2026  |  Bank Regulation

The Federal Reserve wants to make it easier for some eligible institutions to connect directly to its payment services without giving them everything that comes...

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Kraken Cracked the Fed’s Vault. It Still Can’t Spend
Kraken Cracked the Fed’s Vault. It Still Can’t Spend
July 22, 2026  |  Cryptocurrency

In March, the Federal Reserve Bank of Kansas City approved a limited-purpose account for Payward Financial, which operates as Kraken Financial. The decision was historic:....

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