News in Systemic Risk: Friday July, 24, 2020 (10 a.m. ET) July 24, 2020 Has regulatory capital made banks safer? Skin in the game vs moral hazard (Ernest Dautović; European Central Bank) Federal Reserve Board announces expansion of counterparties in the Term Asset-Backed Securities Loan Facility, Secondary Market Corporate Credit Facility, and Commercial Paper Funding Facility (Federal Reserve ) Sarb cuts rates as unemployment breaches 30% (Central Banking) US derivatives regulator pares back international oversight (Kadhim Shubber; Financial Times) Senate GOP starts to unveil coronavirus proposal amid deep discord (Marianne LeVine, John Bresnahan; PoliticoPro) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
