Fed research deputy director testifies on triparty repo market

federal reserve

A deputy director of the Federal Reserve's department of research and statistics, Matthew Eichner, on August 2 testified on the efforts being made towards reforming the US triparty repo market. He said supervision was making progress, but not as quickly as had previously been hoped.

Speaking before the US Senate, Eichner emphasised the risks posed by the industry's reliance on large volumes of intraday credit, which could be withdrawn at any time by clearing banks. He said an industry task force

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.