Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.

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 has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.

President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation in November 1914, ...

Michael Barr is stepping down as the Federal Reserve's vice chair of supervision next month. He will continue to serve on the ...

Here's a look at the Fed system's structure and how the selection of policymakers works. The Federal Reserve System, created by Congress in 1913, comprises the Washington-based Board of Governors ...

Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved.