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

Bipartisan Bill Would Create Independent Inspector General for Federal Reserve

Bipartisan Bill Would Create Independent Inspector General for Federal Reserve
Bipartisan Bill Would Create Independent Inspector General for Federal Reserve
March 22, 2023  |  Legal & Regulation

A bipartisan bill aims to create an independent inspector general to oversee the Federal Reserve. Get the Full Story Complete the form to unlock this...

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Pacific Western Bank Bolsters Liquidity and Reports Deposit Stability
Pacific Western Bank Bolsters Liquidity and Reports Deposit Stability
March 22, 2023  |  Banking

Pacific Western Bank has bolstered its liquidity after its deposits dipped 20% over three months. Get the Full Story Complete the form to unlock this...

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Tassat Will Provide FedNow Access Through Client-Facing API
Tassat Will Provide FedNow Access Through Client-Facing API
March 22, 2023  |  B2B Payments

Tassat Group will provide access to FedNow through its client-facing application programming interface (API). Get the Full Story Complete the form to unlock this article...

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Aiming for Stability, Bank Deposit Guarantees May Be No Guarantee
Aiming for Stability, Bank Deposit Guarantees May Be No Guarantee
March 21, 2023  |  Banking

These past few weeks made it seem like everything happened, everywhere, all at once, to the banking system. Get the Full Story Complete the form...

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House Looks to ‘Get to Bottom’ of Banking Collapses
House Looks to ‘Get to Bottom’ of Banking Collapses
March 19, 2023  |  Banking

The U.S. House Financial Services Committee is set to begin investigating two high-profile banking failures. Get the Full Story Complete the form to unlock this...

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HFSC Chairman Patrick McHenry Welcomes Banks’ Support of First Republic
HFSC Chairman Patrick McHenry Welcomes Banks’ Support of First Republic
March 17, 2023  |  Banking

House Financial Services Committee Chairman Patrick McHenry is among those welcoming banks’ support of First Republic Bank. Get the Full Story Complete the form to...

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Yellen Says Community Banks Probably Won’t Get SVB Treatment
Yellen Says Community Banks Probably Won’t Get SVB Treatment
March 16, 2023  |  Banking

Treasury Secretary Janet Yellen isn’t playing favorites, just protecting the U.S. banking system. Get the Full Story Complete the form to unlock this article and...

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FedNow Scheduled to Launch In July
FedNow Scheduled to Launch In July
March 16, 2023  |  Real-Time Payments

The Federal Reserve has a launch date for its long-awaited payments service FedNow. Get the Full Story Complete the form to unlock this article and...

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