The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...

Interest rates have been climbing since the Federal Reserve signaled last month that it expects to raise its benchmark rate just twice this year, down from the four cuts it forecast in September. The ...

The 1907 financial crisis led in 1913 to the Federal Reserve Act establishing the Fed, which did not prevent the 1933 bank collapse. This led to deposit insurance and many regulations, which did ...

The Federal Reserve, like many central banks, holds a diverse portfolio of reserve assets. As of 2024, this includes approximately $35 billion in foreign currencies and $11 billion in gold stock.

In recent years, U.S. Supreme Court decisions have undercut federal agencies ... for example, have passed landmark laws protecting wetlands and streams, while Washington has passed the Climate ...

And it fits into Trump's plans to support the Bitcoin mining industry within the U.S. The current version of the strategic Bitcoin reserve, as laid out in the Bitcoin Act of 2024, would require ...

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the ...

Congress just passed the ... not part of the federal budget. Since 1986, the Social Security Trust Fund has been out of the federal budget. The Omnibus Budget Reconciliation Act of 1990 legally ...

The Federal Reserve cut its benchmark interest rate for the third time this year on Wednesday as its effort to control inflation continued. Though rate cuts have made the cost of borrowing ...

Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...

As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.