Sun Shines on Fed ‘Doomsday Book’
The so-called Doomsday Book, an internal document used to guide the Federal Reserve’s actions during emergencies, has long been the subject of intrigue and suspicion. Largely a compilation of legal opinions, the book has been a key resource for the Federal Reserve Bank of New York for decades, allowing it to play a unique and oversize role during financial crises. No other regional Federal
https://www.wsj.com/articles/sun-shines-on-new-york-fed-doomsday-book-foia-central-banking-financial-crisis-13d41d51