Passed by Congress in 1913, the Federal Reserve Act established a central bank for the United States and fostered stability in the country’s banking system. The early days of the U.S. banking ...

The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is ...

Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.

In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...

On this day in 1913 President Woodrow Wilson signed the Federal Reserve Act into law ... majority not to adjourn unless the bill was passed. This undoubtedly had the effect of hastening final ...

The 12 Federal Reserve Banks act as “banks for the banks ... term borrowing for financial institutions, which is then passed on to consumers. When credit card and mortgage interest rates ...

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...