The American government’s accidental private-credit subsidy

by Raphael Stevens 2 April 2025, 21:53 99 Views

Apollo has borrowed over $15bn from the Federal Home Loan Bank (FHLB) of Des Moines, one of 11 privately owned but government-sponsored banks. On March 25th the private-markets giant made its first appearance in an annual league table of institutions receiving FHLB loans, coming in at number seven. (JPMorgan Chase was top; five smaller banks made up the balance.)

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The American government’s accidental private-credit subsidy

To Counter Trump’s Tariffs on Goods, Countries May Hit Back at US Services

Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?

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