Source: federalreserve.gov
Lael Brainard, Vice Chair of the Federal Reserve, will testify before the Committee on Financial Services in the U.S. House of Representatives on Thursday, May...
The Federal Reserve asked the public for its thoughts on the need for a central bank digital currency (CBDC), and the banking industry has answered...
Round-the-clock, real-time payments often are credited to the Venmos and PayPals of the world. But next year, the nationwide introduction of the Federal Reserve’s FedNowSM...
This week, lawmakers and regulators announced that they are working on new rules and legislation in the crypto space. Federal agencies are also poised to...
The Federal Reserve Board on Thursday (May 19) finalized a rule that governs funds transfer over the Federal Reserve Bank’s FedNow services. The final rule...
President Joe Biden’s second nomination for the Federal Reserve’s vice chairman of banking supervision, Michael Barr, has faced some questions from the opposition, Reuters wrote...
Speaking at an event, Wells Fargo CEO Charlie Scharf said it’s almost a given that the U.S. is heading for an economic downturn, The Wall...
Goldman Sachs Senior Chairman Lloyd Blankfein said a U.S. recession is at “very, very high risk,” warning that companies and consumers alike should be ready,...