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Tag: Federal Reserve of New York

Posted inBusiness

Fed Said to Have Debt Ceiling Plan Involving Market Interventions

by Reporter II May 11, 2015October 30, 2020

Sarah N. Lynch and Jason Lange, REUTERS WASHINGTON (Reuters) — The Federal Reserve drew together extensive plans for handling a U.S. debt default that included scheduling deferred payments and lending cash to investors, according to a top lawmaker who cited Fed documents. In a June 2014 letter to Treasury Secretary Jack Lew which was seen […]

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