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.
by Council of FHLBanks | Jul 12, 2023 | FHLBanks, News
Limiting large-bank access to the system could have an unintended negative impact on smaller banks, writes Ryan Donovan, president and CEO of the Council of Federal Home Loan banks. While it may have gone largely unnoticed, Bloomberg recently reported that the Federal...
by Council of FHLBanks | Apr 27, 2023 | FHLBanks, News
In the wake of recent banking sector volatility, the Urban Institute recently published a compelling paper “In Defense of the Federal Home Loan Banks” authored by Jim Parrott and Mark Zandi. The piece highlights the essential value the 11 regional Federal Home Loan...
