- FHFA considering recommending curbs on advances to big banks
- Review has gotten more attention since March bank crisis
US officials are considering limits on the ability of large lenders to use Federal Home Loan Banks as a financial backstop, part of a broader proposal to overhaul the system.
The changes, which are being discussed as part of a sweeping review by an American regulator, would amount to the most dramatic reshaping of the $1.6 trillion system in decades. The Federal Housing Finance Agency may still adjust its plans before announcing the recommendations in the coming months, according to people familiar with the matter. Reining in big lenders’ ability to borrow could also require congressional action.
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