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: Liquidity
Agencies Provide Relief for Banks Participating in PPP, Money Market Liquidity Facilities
To facilitate banks’ participation in the Paycheck Protection Program Liquidity Facility and the Money Market Mutual Fund Liquidity Facility, the ...
Fed Expands PPP Liquidity Facility’s Eligible Participants, Collateral
The Federal Reserve today expanded access to its Paycheck Protection Program Liquidity Facility to nonbank lenders and expanded the range ...
FHFA: FHLBs May Purchase PPP Loans as Collateral for Advances
With Congress poised to approve additional funding for the Small Business Administration’s Paycheck Protection Program as early as today, the ...
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 Expands Stimulus Measures, QE; Will Support Corporate Credit
In its most sweeping move yet to prop up the U.S. economy amid the coronavirus pandemic and public health response, ...
FDIC Issues Coronavirus-Related FAQs for Banks, Consumers
The FDIC today issued two sets of frequently asked questions addressing banker and consumer concerns related to the coronavirus pandemic.
Fed Establishes Temporary U.S. Dollar Liquidity Arrangements with Nine Central Banks
To help ease the strain on U.S. dollar funding markets and facilitate the supply of credit to households and businesses, ...
Fed Creates Liquidity Facility for Money Market Funds
As part of its policy response to the market turmoil triggered by the coronavirus pandemic, the Federal Reserve overnight announced ...
Fed Drops Rates to Zero, Announces Further Actions to Support Economy
Noting that U.S. banking firms “have built up substantial levels of capital and liquidity in excess of regulatory minimums and ...
