Regulators Advocate Stricter Rules for Banks' Liquidity and Discount Window Usage
TL;DR
US regulators are working on a plan to mandate that banks access the Federal Reserve's discount window at least once a year to reduce stigma and ensure preparedness for financial crises, following last year's regional-bank turmoil that revealed some lenders were not operationally ready to borrow from the window in times of need.
- Fed Discount Window: Regulators Prep Plan to Push More Banks to Use Window Bloomberg
- Michael Hsu on Banks to use Fed's Discount Window Bloomberg Television
- 'The Bank Runs Are Faster Now': Regulator Calls for Stricter Rules on Flighty Deposits The Wall Street Journal
- Banks need new liquidity rules to guard against runs -regulator Reuters
- Regulators to Push More Banks to Use Fed Discount Window Bloomberg Television
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