
The Federal Reserve seeks public comments to reform the discount window operations

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The Federal Reserve is publicly soliciting feedback on its discount window operations, which is a traditional tool to provide liquidity support to depository institutions. This feedback request covers various aspects such as handling legal documents, managing collateral, loan application and repayment procedures, and intraday credit. The Federal Reserve aims to improve the use of the discount window so that banks can respond more quickly to financial shocks
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