Fed releases financial crisis-era transcripts

The Federal Reserve on Friday released transcripts of its 2008 meetings that provide a new glimpse into the turmoil of the financial crisis.

The Fed normally releases meeting transcripts five years after they were held, and the 2008 versions were highly anticipated given the wide turmoil taking place in the financial world at the time.

{mosads}That year included the government rescue and takeover of housing giants Fannie Mae and Freddie Mac, the bankruptcy of Lehman Brothers and bailout of other Wall Street institutions under the Troubled Asset Relief Program.

The minutes, just released this morning, are available here.

Tags Bankruptcy of Lehman Brothers Federal Reserve Financial crisis Troubled Asset Relief Program

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Top ↴
Main Area Bottom ↴

Most Popular

Load more