IORB elimination would harm credit unions, U.S. monetary policy
December 12, 2025
December 12, 2025
WASHINGTON, Dec. 12 [Category: Financial Services] -- America's Credit Unions posted the following news:
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IORB elimination would harm credit unions, U.S. monetary policy
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Credit unions strongly oppose any effort that would prohibit the Federal Reserve from paying interest on deposits held at Reserve Banks by depository institutions. America's Credit Unions SVP of Advocacy Greg Mesack detailed the opposition in a letter sent ahea . . .
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IORB elimination would harm credit unions, U.S. monetary policy
*
Credit unions strongly oppose any effort that would prohibit the Federal Reserve from paying interest on deposits held at Reserve Banks by depository institutions. America's Credit Unions SVP of Advocacy Greg Mesack detailed the opposition in a letter sent ahea . . .
