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, or "the Fed," is the central banking system of the U.S. The purpose of the Federal Reserve is to regulate banks, manage the country's money supply, and implement monetary policy.

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

The Federal Reserve is the U.S. central bank whose rate changes can indirectly affect your bank’s savings and loan rates. Many, or all, of the products featured on this page are from our ...

The Federal Reserve exists to create control over the United States monetary system. It was created in 1913 in response to a banking panic, with a goal of ensuring that similar panics would be ...