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)
