Lessons Learned: Michael Held

Key Points

• To gather insights from Michael Held on the Federal Reserve's responses to financial crises, particularly during COVID-19.
• Interview with Michael Held conducted on June 12, 2022.
• Focus on experiences as general counsel at the Federal Reserve Bank of New York.
• Discussed the Fed's actions and strategies during the pandemic.
• Highlighted key strategies employed by the Fed during the COVID-19 crisis.
• Provided lessons applicable for future financial stability.
• Examined the effectiveness of the Fed's crisis management.

Abstract