How can they change the rules? Surely it’s already written into law… right? Are they actually able to unilaterally decide to tax banks to fill up their rainy da

How can they change the rules? Surely it’s already written into law… right? Are they actually able to unilaterally decide to tax banks to fill up their rainy day fund? My guess is that they’re not changing the rules, they’re utilizing them. Either that, or they have far too much executive power over banks. Which would be shocking.