Fed: Banks Entered Coronavirus Pandemic in Strong Condition
The nation’s banks “entered the current crisis well positioned to support continued lending” during the pandemic, the Federal Reserve said ...
Tag: Federal Reserve
Fed to Hold Rates Near Zero; ‘Very Close’ to MSLP Term Sheet Release
With the coronavirus pandemic continuing to cause significant economic disruptions and sharp spikes in unemployment, the Federal Reserve will maintain ...
Fed Announces Additional Actions to Support Intraday Credit
The Federal Reserve tonight announced several temporary actions—which will take effect upon publication in the Federal Register—to increase the availability ...
Fed Officials Provide Additional Clarity on Paycheck Protection Program Liquidity Facility
With the Federal Reserve’s Paycheck Protection Program Liquidity Facility now up and running, officials from the Fed today shared additional ...
Crapo Seeks Clarity from Fed, Treasury on Several Coronavirus Relief Initiatives
In a letter to the Federal Reserve Board and the Treasury Department today, Senate Banking Chairman Mike Crapo (R-Idaho) raised ...
Fed’s Paycheck Protection Program Facility Is Up and Running
The Federal Reserve announced this morning that its Paycheck Protection Program Liquidity Facility is fully operational and available for institutions ...
Fed Unveils $2.3 Trillion More in Lending Capacity, Details ‘Main Street’ Program
The Federal Reserve is deploying its emergency lending powers to “an unprecedented extent,” Federal Reserve Chairman Jerome Powell said in ...
Fed to Create Lending Facility for PPP; Agencies Provide Regulatory Capital Relief
As reported earlier this week, the Federal Reserve is creating a lending facility for banks providing loans under the Paycheck ...
Registration for Participation in Fed’s Commercial Paper Funding Facility Now Open
The Federal Reserve Bank of New York today opened the registration process for the new commercial paper funding facility that ...
Fed to Establish Facility for Financing SBA PPP Loans
In order to facilitate loans being made through the Small Business Administration’s Paycheck Protection Program, the Federal Reserve today said ...
