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Congressional Budget Office: 'Risk Sharing in the Federal Reserve's Emergency Lending Facilities During the COVID-19 Pandemic' (Part 2 of 3)
June 05, 2026
WASHINGTON, June 5 (TNSLrpt) -- The Congressional Budget Office issued the following report entitled "Risk Sharing in the Federal Reserve's Emergency Lending Facilities During the COVID-19 Pandemic:"

(Continued from Part 1 of 3)

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How the Federal Reserve's Emergency Lending Facilities Shared Risk With the Treasury

Under section 13(3) of the Federal Reserve Act, the Federal Reserve may - in "unusual and exigent circu . . .

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