Lessons Learned: Tim Clark

Lynnley Browning ()
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Lynnley Browning: YPFS, Yale School of Management, https://elischolar.library.yale.edu/journal-of-financial-crises/

Journal of Financial Crises, 2022, vol. 4, issue 3, 195-197

Abstract: During the Global Financial Crisis of 2007-09, Tim Clark was senior adviser in the Division of Banking Supervision and Regulation at the Board of Governors of the Federal Reserve System. Clark was a chief architect of the Federal Reserve's capital and liquidity stress tests that helped to stabilize the banks. He was also one of the leaders behind the implementation of the Dodd-Frank Act and other reforms at the Federal Reserve, and ultimately served as deputy director of the Division for Supervision and Regulation. This abstract is based on an interview with Clark that occurred on December 13, 2019.

Keywords: Supervisory Capital Assessment Program (SCAP) (stress tests); Capital Assistance Program (CAP) Dodd-Frank Act; Supervision and Regulation; market confidence; crisis management (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:3:p:195-197

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