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Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large.
Jerome Powell
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"Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large."
— Jerome Powell

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Regulatory changes have forced banks to closely examine their liquidity planning and to intern…

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Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of committed liquidity facilities will be passed on to clearing members. These costs are perhaps highest in clearing Treasury securities, where liquidity needs can be especially large. — Jerome Powell

About Jerome Powell

Jerome Powell was a Public Servant from United States (1953–present).

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Who said "Regulatory changes have forced banks to closely examine their liquidity plannin…"?
This quote is attributed to Jerome Powell, a Public Servant from United States.
When did Jerome Powell live?
Jerome Powell lived from 1953 – present.