Central Banking

Roseman on coin and currency issues

In testimony 'Coin and currency issues' given on 19 July Louise Roseman of the Division of Reserve Bank Operations and Payment Systems said a law requiring the Treasury Department to issue new Presidential $1 coin designs every year may not foster greater use of coin currency.

In testimony to a congressional subcommittee, Louise Roseman, director of the division of reserve bank operations and payment systems at the Fed, said the most recent dollar coin design - the Sacagawea coin - did not lead

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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