All deliberations are at an early stage and an expansion of the Federal Reserve’s emergency lending program is one of the many considerations by officials to support the failing lender, the report said, citing people with knowledge of the situation.While any changes to the Fed’s liquidity offerings would apply to all eligible users, the adjustments could be designed to ensure that First Republic benefits from the changes, Bloomberg said.
Representatives for the U.S. Treasury, Federal Deposit Insurance Corp and First Republic Bank declined to comment. The Federal Reserve did not immediately respond to a Reuters request for a comment.
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