@BCLAW: Prof. #PatMcCoy “Banks are rearranging their balance sheets so that their mixture of liabilities is lower”

Prof. Pat McCoy in https://t.co/7V3wa9Ns2D: “Banks are rearranging their balance sheets so that their mixture of liabilities is lower with respect to uninsured deposits, and higher with respect to these [Fed] borrowings.” https://t.co/jPbWZJVwqa

— Boston College Law (@BCLAW) April 27, 2023

Source: Twitter