Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 (watch AU/AG/DOW this week)

Federal Reserve ^ | 1/24/2024 | FED

[Revel]

All I know is that when I go to the bank these days. They barely have any employees. Maybe one teller open and a long line of people. No more than one person in all of those offices. Probably a mid sized banking chain. That tells me something is wrong.

[misanthrope]

BM

[C210N]

[Texas Fossil]

Thanks.

The bigger the government, the more corrupt.

[Theoria]

The knives of March.

[Lockbox]

I found the following: GESARA and NESARA, two proposed global financial reforms that aim to end poverty and corruption.

if that is true, those with one loose it and politicians take a cut. So unsure how these laws solve anything. Thanks for info, I’ll keep reading about your list.

[GOPJ]

Banks with $15.2 million to $110.2 million in transaction accounts must hold 3% in reserve. Large banks (those with more than $110.2 million in transaction accounts) must hold 10% in reserve. These reserves must be maintained in case depositors want to withdraw cash from their accounts. Google

Ten percent gives people fighting chance...

[GOPJ]

Thanks PAR... worth checking out.

https://banks.data.fdic.gov/bankfind-suite/financialreporting

[GOPJ]

Good advice - thanks C210N