Passed by Congress in 1913, the Federal Reserve Act established a central bank for the United States and fostered stability in the country’s banking system. The early days of the U.S. banking ...

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 ...

The Federal Reserve System has come under attack as bills separately introduced in the House and Senate call for the ...

We have received text from H.R. 24: Federal Reserve Transparency Act of 2025. This bill was received on 2025-01-03, and currently has 44 cosponsors. Here is a short summary of the bill ...