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) 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