Add Yahoo as a preferred source to see more of our stories on Google. William Nelson, executive vice president and chief economist at the Bank Policy Institute, calls on Fed officials to induce ...

(Reuters) - Federal Reserve efforts to overhaul a key emergency lending facility historically viewed with anxiety by banks are now being joined by potential congressional action. On Friday, Democratic ...

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 ...

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 ...

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 ...

NEW YORK (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 window ...

"Over the past few years, the discount window has been used more than was the case before the pandemic," Jefferson said in remarks prepared for delivery at the Atlanta Fed's Financial Markets event, ...

NEW YORK, Feb 29 (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said Thursday she favors taking more concrete steps to make sure banks are ready to use a central bank liquidity ...

The Federal Reserve’s top bank watchdog wants lenders to be more comfortable turning to the central bank’s discount window. Michael Barr, the Fed’s vice chair for supervision, touted the backstop as ...

WASHINGTON, Feb. 15 (UPI) --Economists at a hearing Thursday promoted increased use of the Fed's discount window -- which helps commercial banks manage short-term liquidity needs -- to insulate the ...