American Banker

Fed's Bowman sets her sights on discount window reform

Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday that the central bank is considering a "fundamental reform" of the discount window, including streamlining rules and ...
American Banker

Fed vice chair: Discount window 'effective' but still needs to evolve

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 ...
Seeking Alpha

Bank Discount Window Readiness After The Expiration Of The Bank Term Funding Program

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 ...
Reuters

Emergency Fed bank effort ends lending, as eyes turn to discount window

March 11 (Reuters) - A Federal Reserve facility launched in haste a year ago amid the heavy stress triggered by Silicon Valley Bank's collapse closes for new business on Monday, amid evidence it ...
Reuters

Fed's Mester said banks' Discount Window access needs tweaks

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 ...
UPI

Economists call for destigmatizing Fed discount window lending

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 ...
Augusta Free Press

Banking reform: Warner pitches bill to improve liquidity tool providing short-term loans

The Discount Window Enhancement Act of 2024 would improve the effectiveness of the Federal Reserve Discount Window, a liquidity tool that provides short-term loans to depository institutions.
JD Supra

Fed issues RFI to assess discount window operations and access to intraday credit

Recently, the Fed issued an RFI and comment period on the operational aspects of the discount window and the provision of intraday credit to banks and credit unions. The discount window allows ...
Bloomberg L.P.

Fed Discount Window Needs ‘More Work’ to Lift Bank Participation

The Federal Reserve has taken steps to reduce the stigma that has long plagued its discount window, though recent surveys indicate banks are still hesitant to use the key backstop facility.
U.S. News & World Report

Fed's Logan Hails Progress in Prepping Banks for Discount Window

NEW YORK (Reuters) - Dallas Federal Reserve President Lorie Logan said on Thursday the U.S. central bank is making progress in making sure banks can tap Fed emergency liquidity if needed. The Fed's ...
Wall Street Journal

A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.

WASHINGTON—After Silicon Valley Bank’s sudden collapse last year, regulators found the California lender was unprepared to borrow from an emergency central-bank facility that might have slowed the ...