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  • Mar 14
    2019

    Fed vs. Narrow Banks

    Category : Press

    You would think that the Fed would welcome narrow banks with open arms. You would be wrong. The latest chapter in the Fed’s determined effort to quash The Narrow Bank…

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  • Mar 9
    2019

    Fed’s Fight With Private Bank Escalates

    Category : Press

    The Federal Reserve is pushing back against a new private bank that is suing the central bank for access to its services.

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  • Mar 6
    2019

    Federal Reserve Board issues advance notice of proposed rulemaking

    Category : Press

    The Federal Reserve Board on Wednesday invited public comment on whether it should propose amendments to its Regulation D (Reserve Requirements of Depository Institutions) to lower the rate of interest…

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  • Feb 18
    2019

    A Better Deal for American Depositors

    Category : Press

    The financial asset most widely held by U.S. households – bank deposits – is earning a miserly interest rate, far below competitive market rates…

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  • Jan 16
    2019

    The Public Option Works

    Category : Press

    Competition in banking deposit markets is weak but can be strengthened. Because of the weak competition in deposit markets, the Federal Reserve, surprisingly, began competing against banks for the funds…

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  • Nov 28
    2018

    The Fed refuses to do business with the safest bank on earth – and depositors pay the price.

    Category : Press

    “If you live in Connecticut, there’s a new bank in town whose only business goal is to pay its depositors a rate very close to the Federal Reserve’s IOER (interest on excess…

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