The U.S. Treasury, the Federal Reserve, and the U.S. banking agencies have taken an array of steps to help stem the market fallout from the COVID-19 crisis. Some of these steps are modeled on the playbook deployed in the last financial crisis; many of these steps go beyond those taken in the last financial crisis as the issues permeate the real economy. This session covered:
- Treasury programs, including legislative authority for emergency facilities
- Federal Reserve facilities, including eligible collateral
- Actions taken by the banking agencies to facilitate lending
- Looking ahead to additional actions that may be taken
EVENT DETAILS
Thursday, March 26, 2020
4PM to 4:50PM|Webcast Only
Presentation & Replay Now Available|Scroll Down
1 CLE Credit Hour|Available for NYS Transitional and Non-Transitional – Areas of Professional Practice.
SPEAKERS
- Timothy J. Byrne, Counsel, Shearman & Sterling
- Jason Kyrwood, Partner, Davis Polk & Wardwell LLP
- Bridget Marsh, EVP, Deputy Counsel, LSTA, Moderator
- Reena Sahni, Partner, Shearman & Sterling
- Margaret Tahyar, Partner, Davis Polk & Wardwell LLP
