Federal Reserve Vice Chair for Supervision Michelle Bowman said the U.S. banking system is still "sound and resilient," as ...
The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central bank’s payment system, signaling ...
A federal judge on Friday extended an order keeping Elon Musk’s DOGE team out of Treasury Department payment systems, ruling that the Trump administration’s process for granting access to the ...
On October 21, a member of the Board of Governors for the Fed, Christopher Waller, spoke on integrating new technologies from the decentralized finance and cryptoasset sectors as mainstream payments.
(CNN) — A federal judge, citing a risk of “irreparable harm,” has temporarily restricted Elon Musk’s government efficiency team from accessing a critical Treasury Department payment system. CNN — (CNN ...
The Federal Reserve’s Payments Innovation Conference highlighted stablecoin settlement and AI-driven security models as ...
Federal workers and their supporters gather outside the Treasury Department on Feb. 4, 2025, in Washington, D.C., to protest Elon Musk and DOGE’s takeover of federal systems. (Scoop News Group photo ...
U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling ...
(Reuters) -The U.S. Federal Reserve aims to get a new set of streamlined payment accounts that would allow risk-tailored access to Fed payment services operational by the fourth quarter of next year, ...
WASHINGTON — The Federal Reserve's new real-time payments system known as FedNow is expected to go live as early as May 2023, a Fed official said Monday. In development for effectively a decade, ...
The Federal Reserve is conducting technical research in such areas as tokenization, smart contracts, and artificial intelligence in payments, Fed Governor Christopher Waller said on Wednesday. In a ...