Fed’s Powell reinforces regulation and defends repo support in letter to Congress
U.S. central bank officials are
considering options that would make it easier for banks to treat
Treasury holdings similar to reserves when meeting liquidity
requirements, Federal Reserve Chair Jerome Powell said this week
in a letter to a top Senate Democrat.
considering options that would make it easier for banks to treat
Treasury holdings similar to reserves when meeting liquidity
requirements, Federal Reserve Chair Jerome Powell said this week
in a letter to a top Senate Democrat.
Posted by Reuters
