Since the beginning of the COVID-19 pandemic, the U.S. Federal Reserve has taken a number of actions to support financial stability. While some recently announced Fed programs and actions were previously deployed during the last financial crisis, others are new in both scale and scope. On Thursday, March 26, 2020, the Bendheim Center for Finance hosted Nellie Liang for a lunchtime seminar to evaluate U.S. financial stabilization measures for COVID-19. Liang is a Senior Fellow with the Hutchins Center on Fiscal and Monetary Policy at Brookings and a former director of the Division of Financial Stability at the Federal Reserve.
The webinar began with a brief discussion by Professor Markus Brunnermeier, Director of the Bendheim Center for Finance. Liang then presented on recent Fed actions and took questions from members of the online audience.