“Regulatory changes have forced banks to closely examine their liquidit...” — Jerome Powell Quote

“Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large.”

“Regional interest rate differentials persisted until around the time of World War I and helped shape the attitudes of Americans living in western areas toward the nation's financial system.”

“Narrow banks could restart effective intermediation and ensure that consumers and employment-creating small and medium-size enterprises are adequately financed and can contribute to the reactivation of the economy.”

“Out in the lonely woods the jasmine burns Its fragrant lamps, and turns Into a royal court with green festoons The banks of dark lagoons.”

“When I was a model, they called me 'Tyra;' now it's 'Ms. Banks.'”