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 Housing Finance Agency will move to limit large financial institutions’ access to the Federal Home Loan Bank System.
Without proper context, attribution or confirmation, one might easily dismiss this article as mere clickbait with an anti-large bank bias. But this would be a mistake. Learn more in this informative article by clicking the following link: The Federal Home Loan Bank System must stay open to large institutions.