Benefits and risks of turning the Fed into one of the biggest players in global money markets.

Traders expect Fed overnight rate to max out at about 3.3 percent during this expansion, lower than Fed's own estimate of 4 percent.

Minutes from end-of-April meeting reveal FOMC doesn't see tradeoff between employment and inflation in ongoing stimulus.

Policymakers worry the market is overreacting to its interest-rate projections.

Publication this month of findings from banks' annual stress tests will increase transparency, but many continue to call for more openness.

Bernanke took charge as the Fed awoke in 2008 to the need for a full-on war against "global economic and financial freefall."

Bill introduced in the U.S. House would require the Federal Reserve to perform a cost-benefit analysis of every new banking rule, plus increase Fed disclosures.

In a Senate hearing today, Janet Yellen indicated the Fed may impose new rules on banks that own and trade in physical commodities