News in Systemic Risk: Tuesday, March 18, 2025 (9:45 a.m. ET) March 18, 2025 Managing liquidity in a changing environment (Claudia Buch and Isabel Schnabel; European Central Bank) Trump picks Bowman to be Federal Reserve’s top bank cop (Michael Stratford; Politico Pro) TLTRO III and banks' loan book rebalancing during the pandemic: less 'targeted' than intended for some? (Claudio Corte Coi, Aristeidis Dadoukis, Hannah S. Hempell, and Elena Rancoita; European Central Bank) Related Stories 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 Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability