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This is one example of how the responsibilities of the Treasury and the Federal Reserve overlap. The Federal Reserve System was created in 1913 in response to growing concerns that the U.S ...
The Fed’s responsibility for both the banking system and the economy at large requires it to perform conflicting roles, with dire consequences. Read Full Article » ...
From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted ...
The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...
That’s how President Donald Trump recently described his authority over Federal Reserve Chair Jerome Powell – signaling his ...
President Donald Trump called on the Federal Reserve to lower interest rates, saying consumers "have been waiting for years to see pricing come down." Billionaire Elon Musk said the Department of ...
The Fed should report the true capital number. The Congress has oversight authority and responsibility for all aspects of the Federal Reserve, including its accounting. I believe Congress should ...
Yet Mr. Warsh, in his appraisal of the central bank’s travails, fails to mark the central element of the Fed’s assigned responsibility when it was ... Not so, Glass averred. The Federal Reserve Act, ...