Senator Warren, please recognize what repo does for financial markets and the real economy
We’re concerned that repo has become a talking point for Democratic Senators, notably Elizabeth Warren of Massachusetts, already well-known for her critical comments of the banking industry. We also expect a focus on Non-Bank Financial Intermediation to heat up this spring with repo in the middle. The conversation on financial stability is good to have but something fundamental is on the line here: liquidity in the world’s deepest capital markets, which delivers an important service to the real economy.
This content requires registration. Get access today by signing up here.
January 27, 2020
August 26, 2019
November 24, 2020