Repo Market: Fed Will Not Disclose Banks Receiving Repo Cash & 3 Small Banks Fail Halloween Weekend
- Crypto Blood
Repo Market: Feds Will Not Disclose Which Banks Are Receiving Repo Cash – But Why!? You’ll have to wait two years, according to a letter received from the Feds today in response GATA’s request for the information on which banks are receiving repo cash. The delay, the New York Fed’s letter says, is authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Over Halloween 3 smaller us banks failed, which many people are not even aware of.
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