Publisher
Federal Reserve System: Board of Governors
Media Date
7-13-2008
Media Type
Document
Content Type
Press Release
Country/Region
United States
Language
English
Crisis
Global Financial Crisis (2007-2009)
Case Series
The Rescue of Fannie Mae and Freddie Mac
Intervention
Capital Injection -Specific Firms; Emergency Liquidity-Specific Firm
Additional Information
The Board of Governors of the Federal Reserve System announce that it has granted the Federal Reserve Bank of New York the authority to lend to Fannie Mae and Freddie Mac should such lending prove necessary.
Recommended Citation
Federal Reserve System: Board of Governors, "Lending Authorization from Federal Reserve Bank of New York" (2008). Documents. 946.
https://elischolar.library.yale.edu/ypfs-documents/946