Prasad said as long as the Federal Reserve retains its independence, politicians would have no direct role in the creation or distribution of either physical or digital currency. And such currenc ...

This week, the Federal Reserve went into damage control mode over warnings from lawmakers, currency experts, economists and others that the federal government agency is quickly moving toward ...

Yet it is revealing not only for the Federal Reserve’s past actions. The Doomsday Book is also revealing for the conversation around a U.S. central-bank digital currency, or CBDC. Most notably ...

The House of Representatives on Thursday voted along bipartisan lines to advance legislation blocking the Federal Reserve from creating its own central bank digital currency (CBDC). Three ...

The U.S. Senate has passed the GENIUS Act. The Senate passed legislation to establish the first regulatory framework for ...

Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a say.