For the very first time since 2008, the New York Fed will not confirm or deny that JPMorgan Chase is the custodian of $2.4 Trillion of its securities = 2008 never ended
TL:DR: The Federal Reserve bought Mortgage-Backed Securities (MBS) after the 2008 financial crisis. JPMorgan Chase was chosen to hold these MBS securities. JPMorgan Chase has been charged with multiple criminal activities related to MBS. Despite these charges, the New York …