The Fed and the US Treasury Are Considering an Emergency Lending Program to Combat Customers Rattled by the Failure of S.V.B

The Fed and the Treasury Department are considering an emergency lending program to backstop demands by bank customers. This, as the US seeks to stave off a deeper crisis after S.V.B.'s failure. The measure would come in addition to easing terms for the Fed's discount window. Such a move would also increase the ability of banks to keep up with demands from depositor to withdraw money.