Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

As the user experience becomes fundamentally more digital, the separation of banking and commerce washes out. It all starts ...

Chris Bergen, who runs a commercial ... concerns for the Federal Reserve, which is facing an increasingly challenging economic moment with little precedent. The central bank is trying to get ...

Commercial banks earn by lending at higher rates than they borrow; fees also boost their revenue. Investment banks profit from fees related to securities, mergers, IPOs, and trading in volatile ...

The threat to the Fed’s independence affects more than just the stock market—ordinary Americans stand to lose out as well.

WASHINGTON — The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president. Paulson, 60, will replace Patrick Harker on June ...

Former Federal Reserve Governor Kevin Warsh, with whom President Donald Trump is reported to have discussed firing U.S.

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.

U.S. Treasury Secretary Scott Bessent is hosting private meetings with federal and other bank agencies as a part of his ...