Tag: financial_system

Federal Reserve Governor Cook Addresses AI's Impact on Economy and Finance

27 May 2026 4:01 p.m. · Source: US Federal Reserve

Federal Reserve Governor Cook spoke at Stanford University, discussing the profound implications of artificial intelligence on the economy and the broader financial system, highlighting the Fed's focus on technological advancements.

Business Science & Technology Politics and Government Economy Financial Markets Artificial Intelligence Federal Government Federal Reserve Governor Cook Financial System Stanford University Speeches U.S. Federal Reserve
Federal Reserve Proposes New Payment Account for Financial Institutions

20 May 2026 4:07 p.m. · Source: US Federal Reserve

The Federal Reserve Board seeks public comment on a proposal for a new "payment account." This account would allow eligible financial institutions to clear and settle payments, aiming to boost financial system efficiency.

Business Politics and Government Economy Banking Federal Government Federal Reserve Board Payment account Financial institutions Public comment Clearing and settling Payments Financial system U.S. Federal Reserve