Federal Reserve Board Launches Official Facebook Page
With social media on the rise in areas throughout the world, it seems like the Federal Reserve Board is ready to make its presence felt in the online environment, by launching their official Facebook page. During the last couple of years, numerous government institutions in the United States and other countries have new public relations strategies, joining social media networks such as Facebook, Twitter and YouTube. The Federal Reserve Board, which some regard as tight-lipped, has recently announced the opening of their Facebook page. Federal Reserve to Post Reports, Press Releases and....
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The Federal Reserve, the quasi-private governing body of the US monetary system, launched a Facebook page Thursday in its bid to become more transparent and open with the US citizenry. Federal Reserve Gets a Facebook. As intended, and like the social media spaces of its public counterparts, the page so far serves as an informational service. The central....
The US Federal Reserve has started its own official Facebook page, which was met with a torrent of trolling. The page, which was uploaded on the 18th of August, was ostensibly created to create a more accessible environment for the people to communicate with the Federal Reserve Board of Governors, according to its first post: Almost instantly, however, libertarian commenters and Bitcoin enthusiasts descended on the page, showering it with all many of mocking comments. Bitcoin, precious metals lead in comments. Within minutes, negative comments began to pour in. A common theme was Bitcoin....
On Friday, May 9th, 2014, the Federal Advisory Council and Board of Governors of the Federal Reserve met for their quarterly meeting in Washington D. C. This meeting was historically held in secrecy until Bloomberg News "won" a Freedom of Information Act request under the Freedom of Information Law requiring the Fed to make the meetings minutes available to the public. The Federal Advisory Council (FAC) is "composed of twelve representatives of the banking industry, consults with and advises the Board on all matters within the Board's jurisdiction..." according to the Federal Reserve in....
The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they are published in the Federal Register.
New Guidelines Aimed at Establishing a Transparent and Consistent Set of Factors for Reserve Banks
The board of the U.S. Federal Reserve recently announced what it called the “final guidelines which establish a transparent, risk-based, and....
The Federal Reserve has published new research on distributed ledger tech. The paper, which explores applications of the technology in payments and transaction settlement, was drafted by teams from the Federal Reserve Board as well as the Federal Reserve Banks of New York and Chicago. Though research has been published in the past by members of the Federal Resrve system, most notably the Federal Reserve Banks from Boston and Chicago, the paper's release represents the first major release from the Federal Reserve Board. Overall, the research casts a wide net, including both a top-down view....