News in Systemic Risk: Tuesday, July 28, 2020 (10 a.m. ET) July 28, 2020 Federal Reserve Board announces an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30 (Federal Reserve Board of Governors) Strains in Offshore US Dollar Funding during the COVID-19 Crisis : Some Observations (Adolfo Barajas, Andrea Deghi, Salih Fendoglu, Yizhi Xu; International Monetary Fund) "Quick Response" Economic Stimulus: The Effect of Small-Value Digital Coupons on Spending (Jianwei Xing, Eric Zou, Zhentao Yin, Yong Wang; National Bureau of Economic Research) A possible IMF Pandemic Support Facility for emerging-market countries (Matthew Fisher, Adnan Mazarei; Peterson Institute for International Economics) GOP Releases Coronavirus Relief Proposal After Delay (Andrew Duehren; Wall Street Journal) EU fund managers back fee changes to Mifid II trading rules (Philip Stafford; Financial Times) 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