In order to borrow from the discount window, an institution must meet all requirements as well as pledge eligible collateral. This ensures that the Fed is lending to an “illiquid but solvent ...

Rep. Patrick McHenry, a Republican of North Carolina and chairman of the House Financial Services Committee, said the Federal Reserve's discount window is in need of modernization. The chair of the ...

In the past several weeks, banks have been taking out emergency loans from the Federal Reserve to ensure they can cover withdrawals from customers. In the week that ended Wednesday, banks tapped more ...

NEW YORK, Sept 26 (Reuters) - Michael Barr, the Federal Reserve's regulatory chief, said on Thursday that banks should put aside worries about the stigma of using the U.S. central bank's discount ...

The Federal Reserve is responsible for conducting monetary policy and maintaining the stability of the financial system. The Fed provided massive liquidity and implemented quantitative easing during ...

Change is coming to one of the Federal Reserve's oldest policy tools, but as the central bank's No. 2 official said, that is nothing new. In a two-part speech delivered Tuesday night and Wednesday ...

WASHINGTON — U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Committee on Banking, Housing, and Urban Affairs, introduced the Discount Window Enhancement Act of 2024, legislation to improve ...

Last month, the banking system found itself in deep trouble. Three U.S. banks went under, including, of course, Silicon Valley Bank. The Federal Reserve does have tools that are supposed to help banks ...

When banks are under financial stress, where do they turn for help? Many go to the Federal Reserve, which, through its discount window, serves as a "lender of last resort" for banks. Last month, the ...