Wednesday, July 19, 2017

Fed interest payments to banks are back in House GOP’s crosshairs

House Republicans are ramping up their criticism of the Fed for making interest payments to member banks on excess reserves, and may have identified a way to counter claims that the payments are critical to monetary policy.

from American Banker: Feed http://www.americanbanker.com/news/fed-interest-payments-to-banks-are-back-in-house-gops-crosshairs

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