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...
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...
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...
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...
by Council of FHLBanks | Oct 5, 2023 | News, Press Releases
Council president Ryan Donovan recently submitted an opinion piece to The Hill in reaction to an op-ed published earlier this month. Read the opinion piece here.