New York Fed calls top Wall Street banks to discuss strains in key lending tool

The drama kicked off in New York this week when John Williams, the head of the New York Fed, pulled top Wall Street dealers into a sudden, closed‑door meeting to talk about rising tensions inside a key short‑term lending tool. The meeting happened on Wednesday on the sidelines of the central bank’s Treasury market conference, […] source: https://www.cryptopolitan.com/new-york-fed-calls-top-wall-street-banks/