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Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by DailyMail:

The Federal Reserve payment systems used to settle transactions between U.S. financial institutions has suffered a massive disruption due to an ‘operational error’.

The system used by U.S. banks to execute some $3 trillion in transactions daily began suffering outages at around 11.15am Eastern time on Wednesday, and remained down for more than three hours.

The article goes on to state the following:

‘A Federal Reserve operational error resulted in disruption of service in several business lines,’ a Fed spokesman told DailyMail.com in a statement. ‘We have restored services and communicated with all Federal Reserve Financial Services customers about the status of operations.’

The report notes that the Fed admitted payment deadlines were ‘impacted’ during the outage, which lasted until about 3 p.m. Wednesday.

To get more information about this article, please visit DailyMail.

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15 COMMENTS

  1. Sounds like a dishonest and calculated move to me….remeniscent of the Nov. 3 election process!
    The destruction of America in broad daylight and the left admin. has the remain of their 100 days to accomplish it!

  2. First it was the election machines, next it’ll hit our financial systems, then our electrical grids, then…
    God will get us through this turmoil to come

  3. What’s really happening ??? What are they covering up now ???? There’s always something happening that we aren’t aware of when a crisis happens.

  4. Biden and his appointees are a joke and bent on bringing down America as it has never been down before. Get ready for Depression Era II in the very near future and for our enemies to dominate over America!

  5. Did you think this was not going to happen when you idiots put this puppet in the WH. These dems don’t give a crap about America or it’s citizens. As long as they get their $$$$.

  6. All the payments to WHO (world health organization) and other countries. Waiting for their hand outs. The illegals aliens that are being paid up front. Let it crash some more!!!

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