Savings account rates have remained in a relatively tight range since the Federal Reserve stopped making cuts and adopted a ...

The Narrow Bank — a Connecticut-chartered bank that would offer customers accounts with interest rates mirroring the federal funds rate minus a modest haircut — first applied for a master account in ...

Ripple has applied for a national trust bank charter from the OCC to bring its RLUSD stablecoin under federal oversight. The ...

The application follows stablecoin issuer Circle's similar effort to expand crypto services and move into federal regulatory ...

Custodia Bank state-chartered digital asset-focused bank based in Wyoming was denied its motion for a default judgment in battle with Federal Reserve Board Federal R ...

The Texas comptroller of public accounts, the state's tax collection and treasury arm, has had a master account — which grants access to payments rails and various other central banking services — ...

On Wednesday, the Federal Reserve announced a new hike of interest rates for the fourth time this year, this time at 75 basis points (0.75%). The recent interest rate hikes have been part of the ...

Federal Reserve Bank of Atlanta, July 12, 2017, Consumer Scam Alert: Do Not Use Federal Reserve Routing Account Numbers to Pay Bills; Could Face Late Fees, Other Charges ...

Federal Reserve Bank of New York, “ The Founding of the Fed .” Accessed March 24, 2023. U.S. Bureau of Labor Statistics, " Consumer Price Index ." ...

A series of panics and bank runs in 1873, 1893 and 1907 prompted Congress to pass the Federal Reserve Act in 1913, which created the Federal Reserve system that remains in place today.

The Federal Reserve is the central bank of the United States. It is categorized into three key entities: The Board of Governors determines Fed policies, ...