Federal Reserve Legal Counsel

A collection of 2 posts

Jan 21, 2025

MORE FOIA MEMOS: The Fed’s 2013 Treasury Default Memo. Just in Time for Another Round of Debt Ceiling Politics

Please recommend an institutional subscription to your academic library or employer (details here) The debt ceiling was unsuspended January 1st of this year which means the debt ceiling is back. According to now-former

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Dec 10, 2024

What Exactly is an “Open Market” Operation? #MonetaryPolicy201

#MonetaryPolicy201 is a monthly series about the basics of monetary policy. It’s a “201” series because I will be grounding the basics of monetary policy on their largely forgotten legal foundations. The

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