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 ...

Here's a look at the Fed system's structure and how the selection of policymakers works. The Federal Reserve System, created by Congress in 1913, comprises the Washington-based Board of Governors ...

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...

The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.

largely as a response to a series of financial panics or bank runs, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded and its ...