The Fed is itself a foreign bank - that is what central banks are.

Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said.
Do not think I am protecting the Fed. I think this website proves out I am likely the most damaging thing that has ever happened to the Fed.

My point is that this was a Bailout. Gobs of money made available for loans to the troubled bankers. People making a big deal about it after it is done is just distracting. This senator, whether he knows it or not is being very pro-Fed.