Board of Governors of the Federal Reserve System

Policy Tools Special Lending Facilities Federal Reserve Banks' Financial...Background On November 25, 2008, the Federal Reserve announced the creation

Background Under section 312 of the Dodd-Frank Wall Street Reform and ...approach to the supervision of BHCs. • Similarity of equivalent Federal

concerns—and the tradeoffs we are often forced to make when exercising...perimeter—and the institutions and activities within our regulatory and

and, indeed, to expand it by suggesting a broader range of topics on which...approach to regulation focuses on risk within individual firms. The ability

approaches to modeling uncertainty as well as a survey of the literature...policy on the economy implies that policy should attenuate its response

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DevelopmentsBackground on Selected AssetsAppendix Appendix Federal Reserve...policy independence and the efficacy of the Federal Reserve's liquidity

approach every issue through a rigorous evaluation of the facts, theory...approach will remain the same. Today, the global economy is recovering

policies. Considerations of regulatory approaches now almost always use...and the other recommendations) was "[t]o help prevent a repetition of

and, more generally, the public interest. The Federal Reserve ■ conducts...policy to promote maximum employment and stable prices in the U.S. economy