Thursday - March 5, 2026
Treasury Under Secretary McKernan Discusses Bank Liquidity, Lender of Last Resort Reform
March 04, 2026
WASHINGTON, March 4 -- The U.S. Department of the Treasury issued the following remarks on March 3, 2026, by Under Secretary for Domestic Finance Jonathan McKernan at the Roundtable on Liquidity and Lender of Last Resort sponsored by the Committee on Capital Markets Regulation:

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The Regulatory Reset

Good afternoon, it is great to be here.

Let me begin by thanking Hal Scott for convening this roundtable on bank liquidity and the lender of l . . .

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