by Council of FHLBanks | Apr 15, 2024 | News
Council president and CEO, Ryan Donovan, submitted an opinion piece to the American Banker taking issue with one critic’s read of the recent report published by the Congressional Budget Office (CBO) on the Federal Home Loan Bank System. Donovan points to several...
by John Comeau | Apr 4, 2024 | News
The Federal Home Loan Banks executed their congressionally chartered mandate to provide stable, reliable liquidity and helped calm an unsettled market during the bank runs and failures in March-May of 2023. The FHLBank System’s 2023 Annual Combined Financial...
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 | 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.
by Council of FHLBanks | Aug 4, 2023 | FHLBanks, News
Council president Ryan Donovan recently submitted a letter to the editors of Bloomberg that was published in early August. Read the letter here.