No one outside the Fed (and there have to be only like two or three within the Fed) have thought more about the Fed's emergency lending authorities than Steven Kelly. Today he's on the show for the ins and outs of these three angles:
- The DW & 13(3) covid-era data disclosures
- Does the Fed *have* to use SPVs? (thread)
- The case for prepping for an emergency commodities facility
Bloomberg oped
Original notes on the commodities facility
2008 legal memo
AIG warrants draft memo
Dallas Fed commodities markets article