News in Systemic Risk: Tuesday, April 22, 2025 (9:45 a.m. ET) April 22, 2025 The risk sensitivity of global liquidity flows: Heterogeneity, evolution and drivers (Stefan Avdjiev, Leonardo Gambacorta, Linda S Goldberg and Stefano Schiaffi; BIS) Effect of the GSIB surcharge on the systemic risk posed by the activities of GSIBs (Marco Migueis and Sydney Peirce; Fed) FDIC Modifies Approach to Resolution Planning for Large Banks (FDIC) Who supplies and demands safe assets – and why it matters (Madalen Castells-Jauregui, Dmitry Kuvshinov, Björn Richter, and Victoria Vanasco; VOXEU) Judge temporarily blocks Trump administration's mass layoffs at CFPB (Declan Harty; Politico Pro) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics
