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The Daily Hodl 2023-06-24 13:04:39

US Banks Facing $1,500,000,000,000 Tidal Wave of Debt As Federal Reserve Outlines Institutions Most at Risk

Fed Chair Jerome Powell is outlining which banks are most at risk from an immense amount of commercial real estate loan debt. In new testimony before the Senate Banking Committee, Powell says small US banks – which are reportedly staring down at $1.5 trillion worth of CRE loan debt – are overly exposed to the The post US Banks Facing $1,500,000,000,000 Tidal Wave of Debt As Federal Reserve Outlines Institutions Most at Risk appeared first on The Daily Hodl .

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