The Federal ... U.S. banking system. Without a central bank, there was no clear authority to provide support during this panic. That all changed when Congress passed the Federal Reserve Act ...

What the Fed rate announcement means for homebuyers, borrowers and savers.

The Federal Reserve, or "the Fed," is the central banking system of the U.S. The purpose of the Federal Reserve is to regulate banks, manage the country's money supply, and implement monetary policy.

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 ...

Congress passed the 1913 Federal Reserve Act to set out the purpose, structure, and function of the Federal Reserve System. Under the law, the U.S. government has the authority to amend the ...

Tariff turmoil and a shaky economy demand action. The Fed must cut interest on reserves and revive a gold-linked dollar to ...

The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...

The Federal ... purpose agency of government than a narrow central bank,” he said. He blamed the institution for straying ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

U.S. Senator Mike Lee has introduced a bill calling for the abolition of the Federal Reserve system, including the ... may be retained for the sole purpose of facilitating a smooth transition ...

The Federal Home Loan Bank (FHLB) system is a group of government-sponsored enterprises that provides funding to financial institutions with the purpose ... the Federal Reserve is not affiliated ...