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

Wise Files Application to Create National Trust Bank in US
Wise Files Application to Create National Trust Bank in US
July 02, 2025  |  Banking

London-headquartered payments firm Wise reportedly filed an application to create a national trust bank in the United States. Get the Full Story Complete the form...

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Banks Increase Dividends After Passing Federal Reserve’s Annual Stress Tests
Banks Increase Dividends After Passing Federal Reserve’s Annual Stress Tests
July 01, 2025  |  Bank Regulation

The biggest U.S. banks reportedly increased their dividends after passing the Federal Reserve’s annual stress tests last week. Get the Full Story Complete the form to unlock...

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Fed Votes to Advance Proposal to Ease Banks’ Capital Requirements
Fed Votes to Advance Proposal to Ease Banks’ Capital Requirements
June 25, 2025  |  Banking

The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of...

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Fed Drops ‘Reputational Risk’ Rule, Paving Way for Banks to Enter Crypto
Fed Drops ‘Reputational Risk’ Rule, Paving Way for Banks to Enter Crypto
June 25, 2025  |  Cryptocurrency

Sometimes the biggest news can make the smallest splash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
June 24, 2025  |  Economy

Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though...

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Tariffs Likely to ‘Weigh on Economic Activity’ Fed Chair Says
Tariffs Likely to ‘Weigh on Economic Activity’ Fed Chair Says
June 24, 2025  |  Economy

The Federal Reserve wants more time to study the impact of tariffs before cutting rates. Get the Full Story Complete the form to unlock this...

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Lawmakers Zero In on Check Fraud Crisis
Lawmakers Zero In on Check Fraud Crisis
June 17, 2025  |  Fraud Prevention

Regulators and lawmakers are taking a fresh look at payments fraud, and as a result, federal action may be brought to bear on the growing...

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Household Net Worth Declined 0.9% After Stock Market Sell-Off
Household Net Worth Declined 0.9% After Stock Market Sell-Off
June 13, 2025  |  Economy

Household net worth in the United States declined by 0.9% during the first quarter, according to the Federal Reserve. Get the Full Story Complete the...

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Fed Vice Chair Bowman May Seek Regulatory Rollbacks for Smaller Banks
Fed Vice Chair Bowman May Seek Regulatory Rollbacks for Smaller Banks
June 10, 2025  |  Bank Regulation

On Monday (June 9), Michelle Bowman was sworn in as vice chair for supervision at the Federal Reserve. Get the Full Story Complete the form...

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