The Federal Reserve monitors financial system risks and engages at home and abroad to help ensure the system supports a healthy economy for U.S. households, communities, and businesses.
The Federal Reserve promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole.
The failures of Bear Stearns and Lehman Brothers and the bailout of AIG occurred in 2008
The Fed introduced various credit programs to deal with the 2007-09 financial crisis
A group of banks and brokerage firms prevented the collapse of this hedge fund in 1998
A financial crisis started in Thailand in July 1997 and spread across East Asia
The phrase “too big to fail” became commonly used for the first time after Continental’s crisis
During the 1980s, many Latin American countries were unable to service their foreign debt
The 1980s was a period of distress for the financial sector, especially savings and loans
The 1933 law was aimed at restoring public confidence in the nation’s financial system
The Emergency Relief and Construction Act of 1932 expanded the Fed's ability to make certain loans under "unusual and exigent circumstances."
During the years 1932 and 1933, the Reconstruction Finance Corporation effectively served as the discount lending arm of the Federal Reserve Board.
Earlier regional banking panics turned into a nationwide financial crisis in fall 1931
The U.S. appeared to be poised for economic recovery when a series of bank panics began in fall 1930