Skip top navigation

Explore the Federal Reserve's History

A sign advertising refinancing services is posted in a vacant lot April 29, 2008, in Stockton, California.

Subprime Mortgage Crisis

The expansion of mortgages to high-risk borrowers, coupled with rising house prices, contributed to a period of turmoil in financial markets that lasted from 2007 to 2010.

Understand key economic events that impacted U.S. History.

Topic Time Period

Featured Person

Ben S. Bernanke

Ben S. Bernanke

Led by Bernanke, the Fed took several steps to stabilize housing markets and stimulate the economy during the 2007-10 crisis.

Learn about the people who helped shape the Federal Reserve.


The Fed's Functions

Did you know that the Fed's responsibilities include conducting monetary policy, supervising and regulating and providing services to financial institutions?

Learn More

Essays By Topic

Below are the essays by topic on the Federal Reserve History website.

View More