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This Year is very Special for These People; Get ready to celebrate the big occasion

Leap Year 2024: The dawn of 2024 brings with it a rare celestial occurrence - a leap year, adding an extra day to our calendar. This phenomenon, which transpires once every four years, is marked by a 366-day duration, diverging from the standard 365-day calendar. The spotlight of this quadrennial event falls on the month of February, which, contrary to its usual 28-day span, will stretch to 29 days.
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Reforming Last-Resort Lending: The Flexible 
Open-Market Alternative

The most fundamental of the Federal Reserve Systemโ€™s many responsibilities is that of serving as the U.S. financial marketsโ€™ ultimate source of liquidity. Federal Reserve notes, along with account balances held by private depository institutions at the various Fed banks, are the U.S. economyโ€™s final means of payment, and hence its most liquid assets, the scarcity of which is a crucial determinant of the scarcity of other liquid assets.
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