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 Chairman, US Reps Call for Crypto Regs to Stop Russia From Avoiding Sanctions

Fed Chairman, US Reps Call for Crypto Regs to Stop Russia From Avoiding Sanctions
Fed Chairman, US Reps Call for Crypto Regs to Stop Russia From Avoiding Sanctions
March 03, 2022  |  Cryptocurrency

Federal Reserve Chairman Jerome Powell called on Congress for swift action on cryptocurrency regulation Wednesday (March 2)  as Russia attempts to  evades sanctions, CoinTelegraph.com reported....

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Fed’s Plan to Expand Access to Payments System Raises Questions
Fed’s Plan to Expand Access to Payments System Raises Questions
March 02, 2022  |  Bank Regulation

On Tuesday, the Federal Reserve published an updated proposal for its guidelines to evaluate requests for accounts and services at Federal Reserve Banks. The new...

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Federal Reserve Proposes US Central Bank Payment System Changes
Federal Reserve Proposes US Central Bank Payment System Changes
March 01, 2022  |  Banking

The Federal Reserve Board has been looking closer at how financial firms get access to the U.S. Central Bank’s payment system, Bloomberg reported Tuesday (March...

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Federal Reserve Governor Stresses the Importance of a US CBDC
Federal Reserve Governor Stresses the Importance of a US CBDC
February 21, 2022  |  News

Lael Brainard, governor of the Federal Reserve System, in a speech at the U.S. Monetary Policy Forum in New York on Friday (Feb. 18), reiterated...

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Fed Governor: Digital, Decentralized Finance Holds Promise and Risk
Fed Governor: Digital, Decentralized Finance Holds Promise and Risk
February 20, 2022  |  Banking

Lael Brainard, a member of the Federal Reserve’s board of governors, said the rapidly changing digital finance world, with its decentralized focus, will necessitate the...

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Payments Execs Say Fed Has Yet to Make Compelling Case for CBDC
Payments Execs Say Fed Has Yet to Make Compelling Case for CBDC
February 18, 2022  |  CBDC

Would a central bank digital currency (CBDC) issued by the Federal Reserve Bank be a solution in search of a problem? Get the Full Story...

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GOP Senators Oppose Raskin for Fed Job, Block Vote
GOP Senators Oppose Raskin for Fed Job, Block Vote
February 15, 2022  |  Legal & Regulation

Republicans in the Senate have blocked a vote on some of President Biden’s Federal Reserve nominees, The Wall Street Journal reported Tuesday (Feb. 15), as...

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FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
February 13, 2022  |  Legal & Regulation

Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had...

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