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As the Federal Housing Finance Agency considers how to prepare the system for the future, it can keep member liquidity steady while still boosting affordable housing.
As we noted very briefly on Monday in our “Quick Take on a Sudden Change in the Banking Landscape,” among the various actions the government took Sunday evening to try to stabilize the.
Federal Reserve Board FRB invoked authority under Section 13 of the Federal Reserve Act to establish the Bank Term Funding Program BTFP to support American businesses and households by making additional funding available to eligible depository institutions.