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Federal Reserve: Policy Issues in the 119th Congress Topic of CRS Report (Part 4 of 4)
January 30, 2026
WASHINGTON, Jan. 30 (TNSLrpt) -- The Congressional Research Service issued the following report (No. R48390) on Jan. 14, 2026, entitled "Federal Reserve - Policy Issues in the 119th Congress:"

(Continued from Part 3 of 4)

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Payments

Because banks and select other institutions maintain master accounts at the Fed to hold their reserves, those accounts are used to facilitate interbank payments. To that end, the Fed operates the follo . . .

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