News in Systemic Risk: Thursday, May 21, 2020 May 21, 2020 Venezuela sues Bank of England over refusal to release gold (Victor Mendez-Barreira; CentralBanking) Mnuchin Says 'Strong Likelihood' for More Virus Spending (Saleha Mohsin; Bloomberg) COVID-19: The Regulatory and Supervisory Implications for the Banking Sector: A Joint IMF-World Bank Staff Position Note (International Monetary Fund, World Bank) The Effect of Bank Monitoring on Loan Repayment (Nicola Branzoli, Fulvia Fringuellotti; Federal Reserve Bank of New York) Adjusting monetary policy rules for temporary layoffs from COVID-19 (Christopher G. Collins, Simon Potter; Peterson Institute for International Economics) COVID-19's reality shock for emerging economies: Solutions to deal with dependence on external funding (Alicia Garcia-Herrero, Elina Ribakova; VoxEU) The Main Street Lending Program and Other Federal Reserve Actions (Eric S. Rosengren; Federal Reserve Bank of Boston) U.S. Economic Outlook and Monetary Policy (Richard H. Clarida; Federal Reserve Board of Governors) 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