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 Governor: US Has CBDC Hurdles To Clear

Fed Governor: US Has CBDC Hurdles To Clear
Fed Governor: US Has CBDC Hurdles To Clear
May 24, 2021  |  Cryptocurrency

Is the U.S. ready for a digital dollar? Not just yet, Federal Reserve Governor Lael Brainard said in a speech at CoinDesk’s Consensus 2021 on...

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Fed’s Powell Wants New Input On Digital Currencies
Fed’s Powell Wants New Input On Digital Currencies
May 20, 2021  |  Cryptocurrency

Federal Reserve Chair Jerome Powell wants more input on digital currencies as the new form of money gains in popularity, according to a Thursday (May...

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Fed Survey: 1 In 4 Adults ‘Worse Off’ In 2020 Than Before Pandemic
Fed Survey: 1 In 4 Adults ‘Worse Off’ In 2020 Than Before Pandemic
May 17, 2021  |  Economy

We may be getting through the pandemic, with light at the end of the proverbial tunnel, but the economic impacts still appear to be lingering....

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Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
May 16, 2021  |  Financial Inclusion

The Federal Reserve Bank of Atlanta has formed a new special committee to look into ways for those reliant on cash to become more integrated...

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Fed To Examine Debit CNP Routing — Pressure Looms For Interchange Fees
Fed To Examine Debit CNP Routing — Pressure Looms For Interchange Fees
May 16, 2021  |  Legal & Regulation

The great digital shift, especially toward debit transactions, is sparking examination of how those transactions are processed. Get the Full Story Complete the form to...

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FinTechs Ease Modernization Pains For Smaller FIs
FinTechs Ease Modernization Pains For Smaller FIs
May 11, 2021  |  B2B Payments

With the Federal Reserve exploring how to streamline FinTechs’ access to the payment system, a new wave of financial services competition could be on the...

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US Chamber Of Commerce Calls For End Of Boosted Unemployment
US Chamber Of Commerce Calls For End Of Boosted Unemployment
May 07, 2021  |  Economy

The U.S. Chamber of Commerce is calling on Capitol Hill to pull the plug on enhanced unemployment benefits enacted during the COVID-19 pandemic, the Associated...

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Fed: Pandemic’s Length Presents Significant Risks To Financial System
Fed: Pandemic’s Length Presents Significant Risks To Financial System
May 06, 2021  |  Economy

The ultimate scope and length of the pandemic are still among the “most significant risks to the financial system,” according to a Financial Stability Report...

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