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    agency

    Federal Reserve

    Federal Reserve is the central banking system of the United States. It is governed by a presidentially appointed board of governors. Twelve regional Federal Reserve Banks regulate and oversee privately owned commercial banks.

    Chairman, Board of Governors of the Federal Reserve System

    Key facts

    Established
    December 23, 1913 (Federal Reserve Act enacted)source
    First Board sworn in
    August 10, 1914source
    Regional Federal Reserve Banks
    Twelvesource
    Vice Chair
    Philip N. Jeffersonsource

    WYDE coverage of Federal Reserve

    Newsletter

    States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals.

    Sep 26, 2026 · 7 min read

    Crypto & DeFi

    The Federal Reserve Proposes Its First Stablecoin Rules Under the GENIUS Act

    Sep 25, 2026 · 2 min read

    Crypto & DeFi

    Fed Chair Warsh Will Not Commit to the GENIUS Act's July 18 Stablecoin Rule Deadline

    Jul 15, 2026 · 2 min read

    Crypto & DeFi

    Supreme Court Ends For-Cause Removal Protection at Independent Agencies Including the SEC and CFTC

    Jun 29, 2026 · 2 min read

    Crypto & DeFi

    Congress Sends Fed CBDC Ban to Trump's Desk, Set to Be Signed June 24, 2026

    Jun 24, 2026 · 2 min read

    Crypto & DeFi

    US Senate Passes Four-Year Fed CBDC Ban Tucked Into Housing Bill

    Jun 23, 2026 · 3 min read

    Crypto & DeFi

    Kraken's Limited-Purpose Fed Account Hits April 10 Deadline as Waters and Banking Lobby Build Joint Pushback

    Apr 13, 2026 · 3 min read

    Newsletter

    Fertilizer Up 77%. SNAP Cut $187 Billion. Food Banks at Capacity. The Storm Is Here.

    Mar 14, 2026 · 8 min read

    Legal

    Senate Votes 89-10 to Ban Federal Reserve Digital Dollar Until 2030

    Mar 14, 2026 · 2 min read

    Sources

    Track the institutions that move money.

    Data-driven coverage every Friday.