US regulators unveiled emergency measures on Sunday to shore up the banking system and took control of another bank, as they moved to stem contagion from the implosion of Silicon Valley Bank.
The Federal Reserve announced a new lending facility aimed at providing additional funding to eligible depository institutions to ensure that “banks have the ability to meet the needs of all their depositors”. In a statement, the US central bank added it was “prepared to address any liquidity pressures that may arise”.
The facility is part of a broader effort by regulators, including Treasury secretary Janet Yellen, Fed chair Jay Powell and Martin Gruenberg of the Federal Deposit Insurance Corporation, to reassure customers that their money is safe.
您已阅读13%（745字），剩余87%（4968字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。