Lessons Learned: Scott G. Alvarez, Esq., Part 2

Steven Kelly

Journal of Financial Crises, 2022, vol. 4, issue 2, 2022-2026

Abstract: Scott G. Alvarez was general counsel of the Federal Reserve Board during the Global Financial Crisis (GFC). He met with the Yale Program on Financial Stability (YPFS) to discuss a litany of legal aspects related to the Fed's interventions under its emergency liquidity provision authority under Section 13(3) of the Federal Reserve Act. We summarize some highlights from our interview with Mr. Alvarez. The transcript of this interview, conducted in April 2022, and one from an earlier Lessons Learned interview, in December 2018

Keywords: Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF); Broad-based emergency liquidity; Federal Reserve; Federal Reserve Act Section 13(3); general counsel; Global Financial Crisis; Regulation A (search for similar items in EconPapers)
JEL-codes: G01 G28 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ysm:ypfsfc:v:4:y:2022:i:2:p:2022-2026

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