National Bank Holdings Lowered to Neutral at Piper on Valuation
Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.
Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.
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Express News | Fed's Logan Says Making Progress In Getting Banks Ready To Use Discount Window; Fed Emergency Lending Programs Have Been Effective; All Eligible Banks Should Be Prepared For Discount Window
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