News in Systemic Risk: Tuesday, January 26, 2021 (10 a.m. ET) January 26, 2021 What’s the Fed doing in response to the COVID-19 crisis? What more could it do? (Jeffrey Cheng, Tyler Powell, Dave Skidmore, David Wessel; Brookings Institution) The implications of liquidity regulation for monetary policy implementation and the central bank balance sheet size: an empirical analysis of the euro area (Danielle Kedan, Alexia Ventula Veghazy; European Central Bank) Risk Aversion and Bank Loan Pricing (Gonzalo Camba-Mendez, Francesco Paolo Mongelli; European Central Bank) Basel Committee proposes amendments to rules on haircut floors for securities financing transactions (Bank of International Settlements) BoE scolded for carbon-heavy investments (Central Banking) Wall Street shrugs at Washington’s debt pileup (Victoria Guida; Politico) When SPACs Attack! A New Force Is Invading Wall Street (Amrith Ramkumar, Maureen Farrell; Wall Street Journal)