New York Sun4d
How Can the Federal Reserve Pay Dividends to Its Shareholders When It Has No Profits?
Although the Federal Reserve is — and thinks of itself as — part of the government, 100 percent of the $37 billion in paid-in ...
NY Fed beats lawsuit by Puerto Rican bank over Venezuela-related account cutoff
A U.S. judge on Wednesday dismissed a Puerto Rican bank's lawsuit challenging the Federal Reserve Bank of New York's decision ...
AOL2d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
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 ...
Federal Reserve policy review should embrace a hard ceiling for inflation
The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications ...
Trump is already winning his war against the Federal Reserve
The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is ...
USA Today24d
Trump is looking to create a bitcoin strategic reserve. How would that work?
“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 ...
Yahoo Finance28d
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
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 ...
U.S. bitcoin strategic reserve could push bitcoin to $1 million, Bitwise exec says
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 ...