by Council of FHLBanks | Jul 16, 2024 | News
Council president Ryan Donovan recently sat down with Bonnie Sinnock of National Mortgage News for a Q&A session. Click here to read the story.
by John Comeau | Jun 17, 2024 | News
Proposals to restrict membership or participation in the Federal Home Loan Bank System would change the System’s risk profile, hinder it’s ability to meet members’ liquidity needs safely, soundly, efficiently, and responsibly in all economic conditions, and would...
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...