Standard Chartered: UK bank accused of helping to fund terrorists
Standard Chartered carried out billions of dollars of transactions for terrorist funders, US court papers claim.
Source: bbc.com
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The Fed's discount window is lending at 2008 levels
Banks recently borrowed $152 billion from the Fed, plus more from a new emergency loan program
Source: qz.com
Is the Inflation Threat Real? Is It Imminent?
The Federal Reserve's actions to stabilize financial markets and the U.S. economy during the recent credit crisis created a mountain of excess reserves owned by banks and held at the Fed.
Source: heritage.org
Alternatives to the Primary-Dealer System
A main goal of open-market operations is to maintain system-wide liquidity so that private financial firms can provide financing to other private companies as needed. Traditionally, the Fed has conducted open-market operations via a limited number of financial firms known as primary dealers, a system created in the 1960s when there were clearer advantages to having a centralized open-market system in New York.
Source: heritage.org
The Fed Needs Reform: Six Changes for Monetary Policy
Congress should implement policies that allow monetary competition in the U.S.
Source: heritage.org