Briefing
Bank Resolution and the Fed’s New Standing Repo Facility
Ennis, Huberto M.; Jarque, Arantxa; Malek, Hoossam (2022-02)
In July 2021, the Fed put a new lending program in place: the Standing Repo Facility. The program will likely impact the financial system in multiple ways. One specific area of influence is the process of resolution planning at large banking corporations. How the facility interacts with those plans will depend in part on guidance provided by regulators as resolution planning continues evolving.
Richmond Fed Economic Brief , Volume 22 , Issue 06