Fed was in discussions with Silicon Valley Bank to use discount window before collapse- Barr
Published
The Federal Reserve was in discussions with Silicon Valley Bank the day before its collapse to move pledgable collateral to the discount window, a key facility long associated with providing emergency loans to banks, the Fed's head of banking supervision told a Congressional committee on…
#federalreserve #siliconvalleybank #congressional #michaelbarr #svb #signaturebank #democrats #republicans