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The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
Jerome Hayden "Jay" Powell (born February 4, 1953) is an American attorney and investment banker who has served since 2018 as the 16th chair of the Federal Reserve. After earning a degree in politics from Princeton University in 1975 and a Juris Doctor from Georgetown University Law Center in 1979, he moved to investment banking in 1984, and worked for several financial institutions, including ...
The president of the United States ( POTUS) [B] is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces . The power of the presidency has grown substantially [12] since the first president ...
The 2020 United States presidential election was the 59th quadrennial presidential election, held on Tuesday, November 3, 2020.[a] The Democratic ticket of former vice president Joe Biden and the junior U.S. senator from California Kamala Harris defeated the incumbent Republican president, Donald Trump, and vice president, Mike Pence.[9] The ...
The 2024 United States presidential election will be the 60th quadrennial presidential election, set to be held on Tuesday, November 5, 2024.[1] Voters will elect a president and vice president for a term of four years. Incumbent President Joe Biden, a member of the Democratic Party, is running for re-election.[2] His predecessor Donald Trump ...
Juneteenth National Independence Day. Independence Day. Labor Day. Columbus Day. Veterans Day. Thanksgiving Day. Christmas Day. Federal holidays in the United States are 11 calendar dates designated by the U.S. federal government as holidays. On these days non-essential U.S. federal government offices are closed and federal employees are paid ...
The United States Congress is the legislature of the federal government of the United States.It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate.It meets in the U.S. Capitol in Washington, D.C. Senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a governor's appointment.
