Conferences, Webcasts & Video
Podcast: The 'poignant American drama' of the Home Loan Bank System
The banking crisis in the spring of 2023 brought to the fore questions about how the government is lending to banks. Claire Williams is our reporter who covers Congress. In this episode, she takes a look at one quirky system that played a major role in the turmoil.
Podcast: Are the FHLBs Dangerously Off Mission?
While the Federal Housing Finance Agency conducts a historic review of the Federal Home Loan Banks’ mission, several critics are questioning whether the housing government-sponsored enterprises have lost sight of their original purpose. Karen Shaw Petrou, managing partner of Federal Financial Analytics details the controversy, and how the FHLBs should be reformed.
Podcast: The Banking System's Guardian Angel You've Never Heard Of
Few outside the banking world grasp the true importance of the Federal Home Loan Banks (FHLBs), whose collective loans to U.S. banks outpace the Federal Reserve’s by more than 10 to 1 as of summer 2023. Today Jack speaks to Michael Ericson, President of the Chicago Federal Home Loan Bank, and Dan Siciliano, chair of the Council of FHLBs and independent director of the San Francisco FHLB, about the FHLB’s mission, capitalization, and implicit government guarantee. Ericson and Siciliano argue that the declining advances from FHLBs to U.S. banks since May 2023 may indicate an easing of liquidity pressures in the U.S. banking system. Filmed on August 15, 2023.
Brookings Institution/Boston University forum on FHLBs
Read the summary from the Feb. 2023 forum by Aaron Klein, Cornelius Hurley and Harrison Fregeau.
Forum on the future of the Federal Home Loan Bank system
Brookings Institution and BU Law hosted a joint symposium in Feb. 2023 as the FHFA conducts its comprehensive review. Featuring a keynote by FHFA Director Sandra Thompson.
