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Fed Does NOT Extend Capital Requirement Relief for Banks!
In this video, we discuss the surprise announcement by the Fed that the suspension to the supplementary leverage ratio (SLR) will expire as scheduled on March 31st. This puts banks in a tight spot, forcing many to shed treasury bonds in order to make room to absorb deposits from the recent stimulus bill.
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I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
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