Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses

The federal bank regulatory agencies today announced two actions to support the U.S. economy and allow banks to continue lending to households and businesses.

The federal bank regulatory agencies today announced two actions to support the U.S. economy and allow banks to continue lending to households and businesses.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-34.html

Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window

The federal bank regulatory agencies today released a statement encouraging banks to use the Federal Reserve’s “discount window” so that they can continue supporting households and businesses.

The federal bank regulatory agencies today released a statement encouraging banks to use the Federal Reserve's "discount window" so that they can continue supporting households and businesses.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-32.html