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Liquidity

Bill Pulte

Exclusive: Pulte slashes Federal Home Loan Bank board seats

GSEs, Liquidity, Politics and policy, Trump administration /

William Pulte, director of the Federal Housing Finance Agency.Bloomberg News WASHINGTON — The Federal Housing Finance Agency, led by Bill Pulte, took an unusual step by reducing the number of Federal Home Loan Bank board director seats at most of the 11 Federal Home Loan Banks, with the steepest reductions at institutions located in heavily-Democratic […]

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Christopher Waller

Waller says QE to blame for Fed losses on reserve interest

Liquidity, Monetary policy, Politics and policy /

Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said the central bank does have a problem with income losses, but interest paid on reserves are not to blame.  In a speech delivered at the Federal Reserve Bank of Dallas on Thursday, Waller made the case that the true source of the Fed’s

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