the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S. government. The act formed a system of 8 to ...

Next steps remain unclear as proposal to redevelop the old Federal Reserve building into a hotel or apartments on Grand ...

Michelle Bowman, President Donald Trump’s nominee to be the top bank regulator at the Federal Reserve, has been confirmed by ...

Federal regulators moved to lift their punishment against Wells Fargo, which prevented its growth following the bank’s fake accounts scandal in 2018.

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

Federal Reserve Governor Michelle Bowman was confirmed to the central bank's top regulatory post by the U.S. Senate on ...

Federal Reserve Chair Jerome Powell, in a Princeton speech, defends the central bank’s response to the COVID-19 crisis and ...

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary ...

Curtis J. Myers, CEO of Lancaster-based Fulton Financial, has been appointed as a director of the Federal Reserve Bank of Philadelphia. In his new role on the nine-member board, Myers will help ...

Despite mounting pressure and calls for lower interest rates, the Federal Reserve held rates steady ... said that “Other central banks like the Bank of England and the European Central Bank ...