The Federal Reserve

The Federal Reserve

Professor Daniel Tarullo
Spring 2018 reading group
T 5:00pm - 7:00pm
1 classroom credit

Prerequisite: None

Exam: No Exam

The Federal Reserve is a highly atypical, if not unique, institution within the United States Government. It has an almost conspiratorial origin, an unusual public-private structure, and arguably greater legal and customary autonomy than any other agency created by Congress. Students will read and discuss selected books and articles on these topics. A theme running through the course will be the impact of the financial crisis of 2007-2009 in reawakening political controversy over these matters after the three quarters of a century that had elapsed since the New Deal overhaul of the Fed’s governance.

Subject Areas: Business Organization, Commercial Law, and Finance