US watchdog highlights discrepancies in Fed emergency programmes

Capitol Hill

The Federal Reserve took the necessary steps to promote consistent treatment of eligible participants in emergency programmes implemented during the financial crisis, but in some cases failed to properly document processes and decisions, a US watchdog has said.

On Tuesday, the US Government Accountability Office (GAO), the investigative arm of the US Congress that was tasked with auditing the emergency loan programmes authorised by the Fed during the recent financial crisis, released a report su

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: