8 Section 8: Regulatory Responses to Crises and Related Legislation – A Comparison of 2008 and 2020 -- the Fed’s Financial Stability Role. 8 Section 8: Regulatory Responses to Crises and Related Legislation – A Comparison of 2008 and 2020 -- the Fed’s Financial Stability Role.
8.1 Learning Goals 8.1 Learning Goals
Understand the circumstances under which extraordinary actions have been taken by the Fed and its legal authority.
Consider the range of actions undertaken in 2008 and 2020 and evaluate their effectiveness.
Discuss considerations for future actions by the Fed and potential pitfalls and opportunities.