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Federal Reserve
@federalreserve
The official Twitter channel of the Board of Governors of the Federal Reserve System. Privacy Policy: federalreserve.gov/privacy.htm
Washington, D.Cfederalreserve.govJoined March 2009

Federal Reserve’s Tweets

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Responding to widespread consumer abuses/compliance breakdowns by Wells Fargo, Federal Reserve restricts Wells’ growth until firm improves governance and controls. Concurrent with Fed action, Wells to replace three directors by April, one by year end: go.usa.gov/xnAkZ
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The 2023 stress test shows that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession, and the largest banks’ trading books were resilient to the rising rate environment tested. (1/4):… Show more
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The Federal Reserve has made no decision on issuing a central bank digital currency (CBDC) & would not do so without clear support from Congress and executive branch, ideally in the form of a specific authorizing law. A CBDC would not replace cash or other payment options. (5/6)
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