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Cryptopolitan 2024-03-10 12:34:14

US banking sector draws speculation amid BTFP closure

As the U.S. Federal Reserve’s Bank Term Funding Program (BTFP) approaches its conclusion, the financial sector is abuzz with speculation and concerns about potential ramifications. Launched in response to the banking collapses of March 2023, the BTFP served as a critical lifeline for struggling institutions, including regional banks like New York Community Bancorp (NYCB) and

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