John Kennedy and Andy Kim, members of the Senate Banking Committee, today reintroduced the Close the Shadow Banking Loophole Act to ensure companies that operate like banks follow the same rules and ...

We need the Federal Reserve because before we had it, the private banking system had panics all the time. Goodness gracious to we hear this justification for the Fed without surcease. We go over this ...

The U.S. commercial banking system remains highly liquid, supported by substantial reserve balances held at the Federal Reserve. Fed Chairman Ben Bernanke introduced a new monetary policy approach ...

The Federal Reserve's Division of Supervision and Regulation published a memo Tuesday outlining changes to how bank oversight will be carried out, revealing notable rollbacks in how banks will be ...