The Federal Reserve Reacts To COVID-19

In this episode of S&C’s Critical Insights podcast series, Tom Baxter, a member of S&C’s Financial Services Group, discusses new actions taken by the Federal Reserve to support families and businesses in response to COVID-19. The actions will support the flow of credit to those in need, providing longer loans and reducing liquidity pressures for creditors. Tom discusses the Federal Reserve’s six new lending facilities and other methods the organization is taking to support banks during the pandemic.