The GENIUS Act represents more than just regulatory reform—it signals a decisive shift in how the U.S. approaches digital ...

"We've got to get our act together," JPMorgan Chase & Co. JPM CEO Jamie Dimon said in late May, warning that poor governance, ...

Opinion: Indiana University's Vivian Fang says the Senate's passage of stablecoin legislation is an important milestone, but ...

Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...

The act's mix of strict reserve mandates and nationwide licensing has the power to determine which blockchains are favored, ...

The Senate on Wednesday passed the GENIUS Act, a breakthrough for the cryptocurrency industry that could have a far-reaching ...

The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...

Federal Reserve Act, Federal Reserve. Accessed April 29, 2024. Federal Open Market Committee, Federal Reserve. Accessed December 18, 2024. The Dual Mandate and the Balance of Risks, Federal Reserve.

The Federal Reserve Act of 1913 establishing the Fed stipulates that members of its Board of Governors, appointed by the president and confirmed by the Senate to staggered 14-year terms, can be ...