Fed delays creation of emergency-lending rules

04/23/2013 | New York Times (tiered subscription model), The

The Federal Reserve still has not mapped out rules for lending to banks in emergency situations, three years after Congress passed the Dodd-Frank Act, which required it to do so. Some suggest the Fed is stalling because it wants to maintain the flexibility to do whatever is needed in a future crisis.

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New York Times (tiered subscription model), The

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