17min chapter

Odd Lots cover image

How The Coronavirus Crisis Pushed The Fed Into Truly Uncharted Territory

Odd Lots

CHAPTER

Federal Reserve Responses to the Coronavirus Crisis

This chapter explores the Federal Reserve's critical role during the coronavirus crisis, emphasizing the need for enhanced municipal liquidity and better lending practices for small businesses. It raises concerns about the Fed's expanding powers versus democratic accountability, advocating for robust regulations and greater Congressional involvement in economic policy. Additionally, the chapter discusses potential regulatory changes for the corporate sector in light of financial practices exposed by the crisis.

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