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Lessons Learned: Scott G. Alvarez, Esq., Part 2

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Abstract

Scott G. Alvarez was general counsel of the Federal Reserve Board during the Global Financial Crisis (GFC). He met with the Yale Program on Financial Stability (YPFS) to discuss a litany of legal aspects related to the Fed's interventions under its emergency liquidity provision authority under Section 13(3) of the Federal Reserve Act. We summarize some highlights from our interview with Mr. Alvarez. The transcript of this interview, conducted in April 2022, and one from an earlier Lessons Learned interview, in December 2018

Suggested Citation

  • Kelly, Steven, 2022. "Lessons Learned: Scott G. Alvarez, Esq., Part 2," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(2), pages 2022-2026, April.
    • Handle: RePEc:ysm:ypfsfc:v:4:y:2022:i:2:p:2022-2026
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1379&context=journal-of-financial-crises
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    Keywords

    Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF); Broad-based emergency liquidity; Federal Reserve; Federal Reserve Act Section 13(3); general counsel; Global Financial Crisis; Regulation A;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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