Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

roamer65

(36,745 posts) Mon Mar 13, 2023, 12:41 PM Mar 2023

The 13th Federal Reserve district as I call it.

https://seekingalpha.com/news/3946689-first-republic-gets-liquidity-support-from-federal-reserve-jpmorgan-chase

$70B liquidity infusion to First Republic from the Fed and JPMorgan Chase.

1 replies

= new reply since forum marked as read

Highlight:

There should be no doubt now JPMorgan Chase is the commercial arm of the Federal Reserve. (Original Post) roamer65 Mar 2023 OP

Shades Of Old 'Ought-Seven, Sir The Magistrate Mar 2023 #1

(95,247 posts)

1. Shades Of Old 'Ought-Seven, Sir

Mon Mar 13, 2023, 12:53 PM

Mar 2023

As a question of descent, it might be better to refer to the Federal Reserve as the governmental arm of J. P. Morgan....