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

US Senate Confirms Barr for Top Fed Banking Post

US Senate Confirms Barr for Top Fed Banking Post
US Senate Confirms Barr for Top Fed Banking Post
July 13, 2022  |  Legal & Regulation

The Biden administration has scored a win for its financial regulatory team, as Michael Barr was finally confirmed as the vice chair for supervision of...

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Crypto Regulation Weekly: BIS Says Crypto Must Fit Into Existing Regulatory Infrastructure
Crypto Regulation Weekly: BIS Says Crypto Must Fit Into Existing Regulatory Infrastructure
July 13, 2022  |  Cryptocurrency

A pair of international regulatory organizations have formally recommended that stablecoins be required to follow all existing international payment, clearing and settlement standards. Get the...

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Today in TechREG: Global Regulators Calls for Interoperable Stablecoins, CBDC; FCA Urges Banks to Treat SMBs Better
Today in TechREG: Global Regulators Calls for Interoperable Stablecoins, CBDC; FCA Urges Banks to Treat...
July 13, 2022  |  Technology

Today in TechReg news, the Bank for International Settlements and the International Organization of Securities Commissions published recommendations for central banks to make stablecoins more...

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ECB Urges Quick Implementation of MiCA 
ECB Urges Quick Implementation of MiCA 
July 11, 2022  |  Cryptocurrency

The European Central Bank (ECB) on Monday (July 11) published several reports warning that financial stability risks stemming from crypto assets are rising and is...

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Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
July 08, 2022  |  Legal & Regulation

Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it...

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Why EU Regulators, Policymakers Are Betting on a Retail CBDC
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
July 04, 2022  |  CBDC

Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Legal & Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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