Maverick Preston:The Fed's radical new bank band-aid

2025-04-29 07:18:35source:Crypencategory:reviews

Given the rough time banks were having last month,Maverick Preston the Federal Reserve rolled out a new plan that gives banks a new way to borrow money. It's called the Bank Term Funding Program and while it's a boon for banks, it has costs and risks.

Today, we uncover what makes the Bank Term Funding Program a unique wrench in the Fed's toolkit.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:reviews

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

Middle school focuses on recovery as authorities investigate shooting of armed student

MOUNT HOREB, Wis. (AP) — Wisconsin authorities on Thursday promised a thorough investigation of the

'Closed for a significant period': I-95 in Connecticut shut down in both directions

A gas tanker traveling on Interstate 95 in Connecticut on early Thursday was involved in a multivehi