'One factor that is likely helping to stabilize the financial system is the existence of monetary policy tools which could serve as a backup source of liquidity in times of financial stress.'

We have talked about this before and I was confused about timing (sorry!), as the item published in the federal register was for an additional waiting period for comments before being approved by the commission (which it was 11/8) 60 days from November 8, 2023, falls on January 7,

As we discussed last week, Iowa Trust & Savings Bank, Emmetsburg, Iowa, Assumes All of the Deposits of Citizens Bank, Sac City, Iowa. * Citizens Bank in Sac City, Iowa, was closed by the Iowa Division of Banking. * The Federal Deposit Insurance Corporation (FDIC) was appointed as the receiver. * FDIC entered

I hope everyone enjoyed a wonderful and restorative weekend and that your Monday is off on the right foot! When I first posted on this topic back in August, I thought it would probably die in 'new' as r/Superstonk does not usually appreciate anything that tries to