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

Trump Nominates Michelle Bowman as Fed’s Vice Chair for Supervision

Trump Nominates Michelle Bowman as Fed’s Vice Chair for Supervision
Trump Nominates Michelle Bowman as Fed’s Vice Chair for Supervision
March 17, 2025  |  Politics

President Donald Trump has nominated Federal Reserve Governor Michelle (Miki) Bowman to be the Fed’s next vice chair of supervision. Get the Full Story Complete...

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Trump Picks Michelle Bowman for Fed Supervision Vice Chair
Trump Picks Michelle Bowman for Fed Supervision Vice Chair
March 13, 2025  |  Bank Regulation

Federal Reserve Governor Michelle Bowman has reportedly been tapped to serve as the central bank’s vice-chair of supervision. Get the Full Story Complete the form...

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Report: Fed Governor Michelle Bowman Likely Pick for Vice Chair for Bank Supervision
Report: Fed Governor Michelle Bowman Likely Pick for Vice Chair for Bank Supervision
March 11, 2025  |  Bank Regulation

Federal Reserve Governor Michelle Bowman is reportedly the front-runner to become the next vice chair for bank supervision. Get the Full Story Complete the form...

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NY Fed: Consumers Feeling Gloomier About Financial Futures
NY Fed: Consumers Feeling Gloomier About Financial Futures
March 11, 2025  |  Consumer Finance

New data shows growing financial pessimism among Americans, the latest sign of shaky consumer confidence. Get the Full Story Complete the form to unlock this...

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Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
March 10, 2025  |  Debt

The credit risk associated with large, syndicated bank loans remains moderate, although there are some continuing trends in weakened credit quality, three federal bank regulatory...

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Revolving Debt and Credit Card Spending Muted in January
Revolving Debt and Credit Card Spending Muted in January
March 07, 2025  |  Consumer Finance

After a holiday spending frenzy, consumers have returned to a more normalized rate of spending, as measured in incremental borrowing on credit cards and other...

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Fed Beige Book Data Highlights Pressure on Consumer Spending
Fed Beige Book Data Highlights Pressure on Consumer Spending
March 05, 2025  |  Economy

The word “uncertainty” appears in the Federal Reserve’s latest Beige Book 34 times. Get the Full Story Complete the form to unlock this article and...

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Fed Scrutiny Increases on Private Credit’s Risk and Reward
Fed Scrutiny Increases on Private Credit’s Risk and Reward
February 21, 2025  |  Regulation

Generally speaking, the more capital in the markets, the better — as that money finds its way into new growth opportunities (including innovative firms) and...

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Fed Governor Michelle Bowman: Banking Regulations Should Allow Innovation
Fed Governor Michelle Bowman: Banking Regulations Should Allow Innovation
February 17, 2025  |  Bank Regulation

The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Get...

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