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Congressional Research Service Report: 'Federal Home Loan Bank System & Selected Policy Issues'
August 30, 2020
WASHINGTON, Aug. 30 -- The Congressional Research Service issued the following report (No. R46499) entitled "The Federal Home Loan Bank System and Selected Policy Issues". Here are excerpts of the report issued on Aug. 27 and written by Darryl E. Getter, specialist in financial economics:

The Federal Home Loan Bank Act of 1932 (FHLB Act; P.L. 72-304, 47 Stat. 128) created the Federal Home Loan Bank (FHLB) system, which was established to address frequent liquidity shortfal . . .

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