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Facts You Can Bank On: The Mission of the FHLBanks

by Council of FHLBanks | Mar 11, 2024 | Facts You Can Bank On

Did you know, the mission of the Federal Home Loan Bank System is to provide reliable liquidity to financial institutions to support housing finance and community development through all economic cycles. Click here to read more!  

Lender of Last Resort: Issues with the Fed Discount Window and Emergency Lending

by Council of FHLBanks | Feb 15, 2024 | News

The Council submitted a letter to the House Subcommittee on Financial Institutions and Monetary Policy for a hearing today titled “Lender of Last Resort: Issues with the Fed Discount Window and Emergency Lending.” The letter has been submitted for the record. It...

Rebuttal and Reality: Unpacking the Yale Program on Financial Stability Critique of the Federal Home Loan Bank System

by Council of FHLBanks | Jan 29, 2024 | News

The Council offers a solid rebuttal to assertions contained in a recent paper published by the Yale School of Management. The paper addresses the importance for financial systems of a liquidity backstop and notes that the Fed’s discount window serves as the lender of...

FHLBanks November 2023 Comment Letter to FDIC

by Council of FHLBanks | Nov 30, 2023 | Comment Letters

The Council of Federal Home Loan Banks, with the unanimous support of the eleven Federal Home Loan Banks (FHLBanks), submitted a comment letter to the Federal Deposit Insurance Corporation (FDIC) regarding FDIC’s notice of proposed rulemaking for Resolution...

Statement by Ryan Donovan, President and CEO, Council of Federal Home Loan Banks on FHFA’s FHLBanks at 100 Report

by Council of FHLBanks | Nov 7, 2023 | FHLBanks, Press Releases

Washington, DC, November 7, 2023 – Ryan Donovan, President and Chief Executive Officer of the Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System (FHLBank System), today released the following statement in response to the...
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