For Banks, Debt-Ceiling Drama Doesn’t End With a Deal

A wall of money to replenish the government’s cash hole could cause instability if it makes banks’ deposit issues worse

The reverse repo facility at the Federal Reserve, headed by Jerome Powell, could act as a shock absorber for banks. Photo: Win McNamee/Getty Images

Even once the debt ceiling is resolved, there may be more plot twists for American companies—especially deposit-hungry banks.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers
  • TurboTax:
    Save up to $15 with TurboTax coupon May 2023
  • The Motley Fool:
    Epic Bundle - 3x Expert Stock Recommendations
  • H&R Block Tax:
    15% Off DIY Online Tax Filing Services | H&R Block Coupon Code
  • Top Resume:
    10% TopResume Discount Code for expert resume-writing services
  • eBay:
    30% off eBay coupon
  • Groupon:
    Exclusive: 30% Off Groupon Promo Code