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 Survey: Businesses Now Face More Uncertainty Than Before Pandemic

Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
December 26, 2024  |  Business

According to the latest Survey of Business Uncertainty, firms are now more uncertain about their prospects than they were before the pandemic. Get the Full...

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What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
December 26, 2024  |  Legal & Regulation

Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. Get the Full Story Complete...

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Bank Groups Sue Fed, Seeking ‘Transparency’ on Stress Testing Framework
Bank Groups Sue Fed, Seeking ‘Transparency’ on Stress Testing Framework
December 24, 2024  |  Bank Regulation

Five groups representing banks and businesses sued the Federal Reserve on Tuesday (Dec. 24), saying its current stress testing framework is “opaque” and violates the...

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Financial Services Regulation in 2025: More of the Same or Radical Shift?
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024  |  Legal & Regulation

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players...

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Merchants Payments Coalition Urges Fed to Finalize Interchange Fee Proposal
Merchants Payments Coalition Urges Fed to Finalize Interchange Fee Proposal
December 23, 2024  |  Bank Regulation

The Merchants Payments Coalition is urging the Federal Reserve to quickly finalize the Fed’s proposal to reduce the fees banks are allowed to charge merchants...

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Capital One: Delaware’s Approval Moves Discover Acquisition Closer to Completion
Capital One: Delaware’s Approval Moves Discover Acquisition Closer to Completion
December 19, 2024  |  Partnerships

Capital One said Thursday (Dec. 19) that its previously announced acquisition of Discover Financial Services has moved another step toward completion by receiving approval from...

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Small Business Loans Decreased in 2023 as Lending Standards Tightened
Small Business Loans Decreased in 2023 as Lending Standards Tightened
December 16, 2024  |  SMBs

Small business and small farm loans decreased in 2023 as interest rates rose and lending standards tightened, according to three federal banking agencies with responsibilities...

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ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap
ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap
December 16, 2024  |  Bank Regulation

The American Bankers Association (ABA) said the proposed amendments to Regulation II that would cap debit card interchange fees are “fundamentally flawed and should not...

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