What question did this study set out to answer?

To summarize key legal insights from Scott G. Alvarez regarding Federal Reserve interventions during financial crises.

April 7, 2026

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

Key Points

To summarize key legal insights from Scott G. Alvarez regarding Federal Reserve interventions during financial crises.
Interview conducted with Scott G. Alvarez, Esq.
Discussion focused on legal aspects of emergency liquidity provisions.
Recorded transcripts from interviews in April 2022 and December 2018.
Highlighting legal implications of interventions under Section 13(3) of the Federal Reserve Act.
Insights on the role of regulations during the Global Financial Crisis.

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

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Cite This Study

Steven Kelly (Mon,) studied this question.

synapsesocial.com/papers/69d49ecbb33cc4c35a2277c3 https://doi.org/https://doi.org/10.17132/2693-3179.1379

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