KC Fed president: Capital will keep flowing from banks

Although business owners have plenty to worry about these days, one thing they can remove from the list is concern about the financial system running out of money. Esther George, president of the Federal Reserve Bank of Kansas City, said that although the Fed is dealing with COVID-19 response measures just like everyone else, it’s fully functioning in its role as a financial safety net. Keeping capital flowing is the Fed's main job, she said, and people should have confidence that it’s on top…