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...
