Address the actions taken by the Federal Reserve to mitigate the crisis. Governments and central banks, including
Question:
Address the actions taken by the Federal Reserve to mitigate the crisis.
However, my professor provided the following feedback and I'm not sure I understand what needs to be removed/added: "Remove the discussion that confuses the issue that mixes in fiscal policy with monetary policy. This part is a discussion of the Fed's actions. Dodd-Frank wasn't signed until 2010 after many of the actions to mitigate the crisis were already taken and bailouts, other than of AIG, were generally funded by the US Treasury at the authorization of Congress rather than being taken by the Fed. Yes, the Fed bought various assets from the banks under QE, but other bailouts were through Congressionally authorized funds via TARP."
Assist.Managing Business Ethics Making Ethical Decisions
ISBN: 9781506388595
1st Edition
Authors: Alfred A. Marcus, Timothy J. Hargrave