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Resolution Process for Financial Companies that Pose Systemic Risk To the Financial System and Overall Economy
Federal Reserve Bank of Kansas City President Thomas M. Hoenig has been a strong proponent of addressing the issue of so-called "too-big-to-fail" financial firms by establishing a legal process that is consistent to firms of all sizes and holds those responsible for the firms condition accountable for its performance. The Federal Reserve Bank of Kansas City has prepared this document explaining exactly how that process could work.

Summary and Comments on Treasury Financial Stability Improvement Act Concerning Resolution Authority for 'Too Big To Fail' Institutions

The Balance of Power: The Political Fight for an Independent Central Bank
Questions are often asked about the role and relationships between the political elements of the Federal Reserve and its independence. This volume was created to provide an overview on the history of those issues.

Research Working Paper: Distortionary Fiscal Policy and Monetary Policy Goals
Can conservative monetary policy impose discipline on fiscal policy? (March 16, 2010)

Kansas City Financial Stress Index
The KCFSI suggests financial stress declined further in February, moving close to its long-run average. (March 8, 2010)

The Beige Book
The Tenth District economy showed further signs of modest growth in January and February. (March 3, 2010)

2010 Seasonal Credit applications now available
Institutions may obtain longer-term funds from the Discount Window so they may carry fewer liquid assets the rest of the year and make more funds available for local lending. (January 19, 2010)

Federal Reserve System News

FOMC
The Federal Open Market Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period. (March 16, 2010)

Federal Reserve announces results of auction of $25 billion in 28-day credit held on March 8, 2010
Additional information about the Term Auction Facility. (March 9, 2010)

Troubled Asset Relief Program (TARP)
Find out where the Troubled Asset Relief Program (TARP) funds have been distributed nationwide. This information is provided by the U.S. Treasury and compiled by The Wall Street Journal.

Federal Reserve Education
Here you can find links to instructional materials and tools that can increase your understanding of the Federal Reserve.

 


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