Fed’s Jefferson encourages input on discount window
10/10/24
Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.
Details: Speaking in North Carolina, Jefferson said the Fed specifically wants input on:
The process for requesting, receiving, and repaying discount window loans.
The Reserve Bank discount window and intraday credit communications practices.
More: Jefferson said the Fed hopes to gain feedback on operational aspects that are most costly or burdensome for depository institutions.
Submitting Comments: Community bankers can submit comments until Monday, Dec. 9.