Although the Federal Reserve is — and thinks of itself as — part of the government, 100 percent of the $37 billion in paid-in ...

A U.S. judge on Wednesday dismissed a Puerto Rican bank's lawsuit challenging the Federal Reserve Bank of New York's decision ...

Park shared on social media after Christmas that while incoming President-Elect Donald Trump’s chances of successfully establishing a bitcoin strategic reserve are slim, this scenario represents "the ...

The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...

The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is ...

“We’re not allowed to own bitcoin. The Federal Reserve Act says what we can own, and we’re not looking for a law change," Powell said. “That’s the kind of thing for Congress to consider, but we are ...

citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter ...

No one owns the Federal Reserve. The Fed was established by the Federal Reserve Act in 1913 to be the country's central bank. It is an independent government agency accountable to Congress and U.S ...

said that the Fed is "not allowed to own bitcoin" per the Federal Reserve Act and isn't looking for a law change. “I think the biggest headache for the Fed right now is the fact that financial ...

“We’re not allowed to own Bitcoin,” Powell clarified, citing legal constraints under the Federal Reserve Act. “We have no intention of pursuing changes to that law.” Bitcoin slid more ...