A former senior supervisor at the Federal Reserve Bank of Richmond pleaded guilty to insider trading with confidential information obtained from some of the banks he was responsible for regulating.

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 ...

WASHINGTON -- A Federal Reserve official gave a lengthy defense of the central bank's political independence Thursday, just ...

The rate of interest by which they make these loans is known as the federal funds rate. The Fed calculates a bank’s reserve requirements as a ratio based on its liabilities. The federal funds ...