
Golden Ticket or Bad Egg? The Case of the Narrow Bank
The benefits that TNB offers its institutional investor client base would be more than offset by the harm it does to the banking system and the Fed’s use of IOER.
The benefits that TNB offers its institutional investor client base would be more than offset by the harm it does to the banking system and the Fed’s use of IOER.
ABA today expressed its support for the Federal Reserve’s proposed approach toward so-called narrow banks.