{"id":1899844,"date":"2023-03-16T20:58:00","date_gmt":"2023-03-17T00:58:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-banks-borrowed-164-8-billion-from-fed-in-past-week\/"},"modified":"2023-03-16T20:58:56","modified_gmt":"2023-03-17T00:58:56","slug":"svb-collapse-banks-borrowed-164-8-billion-from-fed-in-past-week","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-banks-borrowed-164-8-billion-from-fed-in-past-week\/","title":{"rendered":"SVB collapse: Banks borrowed $164.8 billion from Fed in past week"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsvb-collapse-banks-borrowed-164-8-billion-from-fed-in-past-week%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1899844&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"col-12 col-md-7 col-lg-8 col-xl-9 float-left body colgap-l-50\" itemprop=\"mainEntityOfPage\">\n<div class=\"ArticlePage-articleBodyWrapper\">\n<div class=\"ArticlePage-articleBody\" itemprop=\"articleBody\">\n<div class=\"RichTextArticleBody\">\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_79011068\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"$30 billion rescue of First Republic Bank announced by major banks\">               <meta itemprop=\"description\" content=\"A group of banks announced a $30 billion rescue of First Republic Bank on Thursday afternoon as part of efforts to stabilize the market. The rescue includes uninsured deposits ranging from $1 billion to $5 billion from 11 different banks, the institutions confirmed in a joint statement.\">               <meta itemprop=\"duration\" content=\"PT1M43S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-16 22:14:54\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/snapshot\/1264063_th_1679004937.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1264063.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_79011068\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1264063\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p>Banks <span class=\"ArticlePage-articleBody-firstLetter\">b<\/span>The Federal Reserve has provided nearly $165 trillion in emergency funds over the last week. <\/p>\n<p>Record-breaking amounts are up from $4.58 million the week prior. This is due to increased funding pressures after the collapse of Silicon Valley Bank. <\/p>\n<p><b><u>HUNTER BIDEN SUSPICIOUS ACTIVITY REPORTS CAN BEEN REVIEWED BY HOUSE GOV<\/u><\/b> <\/p>\n<p>According to The Financial Crisis (2008), the record for emergency cash borrowing was $111 Billion. <i>Bloomberg.<\/i> <\/p>\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div class=\"TweetEmbed\">\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Our weekly #BalanceSheet update: https:\/\/t.co\/LjSvhf5K21 #FedData<\/p>\n<p>\u2014 Federal Reserve (@federalreserve) March 16, 2023               <\/p><\/blockquote>\n<p>                <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>               <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Nearly $12 billion of emergency funds were reportedly borrowed from Fed&#8217;s Bank Term Funding Program. It is a program that provides additional liquidity to banks in times when they are most needed. <u>Fed<\/u>. <\/p>\n<p>This is a brand new program that was launched Sunday. <\/p>\n<p><b><u>CLICK HERE FOR MORE INFORMATION FROM THE WASHINGTON XAMINER<\/u><\/b> <\/p>\n<p>As the global financial industry is in turmoil, news of the increase in borrowing comes as a relief. Credit Suisse borrowed more than $50 billion from Swiss National Bank to close SVB. <\/p>\n<p>Thursday saw the announcement of a $30 billion rescue effort by the government to save First Republic Bank, and stop panicking.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read more from <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/svb-collapse-banks-borrowed-164-8-billion-from-fed-in-past-week\">SVB collapse: Fed lends $164.8 billion to banks in the past week<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banks borrowed nearly $165 billion in emergency funds from the Federal Reserve in the past week. The record-setting amount is up from $4.58 billion the previous week. The immense increase in borrowing is a sign of escalated funding strains in the wake of the collapse of Silicon Valley Bank. HUNTER BIDEN SUSPICIOUS ACTIVITY REPORTS CAN<\/p>\n","protected":false},"author":1,"featured_media":1899845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[21959,8961,14433,7385,7498,21356,3912],"class_list":["post-1899844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-164-8","tag-banks","tag-borrowed","tag-collapse","tag-fed","tag-svb","tag-week"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1899844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1899844"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1899844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1899845"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1899844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1899844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1899844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}