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Content provided by David Beckworth and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Beckworth and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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Kathryn Judge on the Importance of Emergency Lending Facilities at the Federal Reserve
Manage episode 478185187 series 166390
Content provided by David Beckworth and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Beckworth and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Kathryn Judge is a law professor at Columbia University and a legal scholar of the Federal Reserve and financial policy. Kathryn returns to the show to discuss the Fed’s Emergency Lending Facilities, or 13(3) and current happenings at the Federal Reserve.
Check out the transcript for this week’s episode, now with links.
Recorded on March 27th, 2025
Subscribe to David's Substack: Macroeconomic Policy Nexus
Follow David Beckworth on X: @DavidBeckworth
Follow Kathryn Judge on X: @ProfKateJudge
Follow the show on X: @Macro_Musings
Check out our new AI chatbot: the Macro Musebot!
Join the new Macro Musings Discord server!
Join the Macro Musings mailing list!
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Timestamps:
(00:00:00) – Intro
(00:01:43) – History of Section 13(3)
(00:03:55) – Increasing Use of 13(3)
(00:06:55) – Unusual and Exigent Circumstances
(00:08:53) – Changes to 13(3)
(00:13:17) – Classification of the Facilities
(00:21:13) – Should the Fed Be Doing Emergency Lending?
(00:25:42) – Feature or Bug?
(00:33:19) – Fed Independence
(00:47:45) – Regionalism of the Fed
(00:55:23) – Outro
493 episodes
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Manage episode 478185187 series 166390
Content provided by David Beckworth and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Beckworth and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Kathryn Judge is a law professor at Columbia University and a legal scholar of the Federal Reserve and financial policy. Kathryn returns to the show to discuss the Fed’s Emergency Lending Facilities, or 13(3) and current happenings at the Federal Reserve.
Check out the transcript for this week’s episode, now with links.
Recorded on March 27th, 2025
Subscribe to David's Substack: Macroeconomic Policy Nexus
Follow David Beckworth on X: @DavidBeckworth
Follow Kathryn Judge on X: @ProfKateJudge
Follow the show on X: @Macro_Musings
Check out our new AI chatbot: the Macro Musebot!
Join the new Macro Musings Discord server!
Join the Macro Musings mailing list!
Check out our Macro Musings merch!
Subscribe to David's new BTS YouTube Channel
Timestamps:
(00:00:00) – Intro
(00:01:43) – History of Section 13(3)
(00:03:55) – Increasing Use of 13(3)
(00:06:55) – Unusual and Exigent Circumstances
(00:08:53) – Changes to 13(3)
(00:13:17) – Classification of the Facilities
(00:21:13) – Should the Fed Be Doing Emergency Lending?
(00:25:42) – Feature or Bug?
(00:33:19) – Fed Independence
(00:47:45) – Regionalism of the Fed
(00:55:23) – Outro
493 episodes
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Similar to Macro Musings with David Beckworth
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continue reading
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