Section 13(3) of the Federal Reserve Act
GPTKB entity
Statements (15)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:amendedBy |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
|
| gptkbp:appliesTo |
unusual and exigent circumstances
|
| gptkbp:dateEnacted |
1932
|
| gptkbp:enables |
Federal Reserve emergency lending
|
| https://www.w3.org/2000/01/rdf-schema#label |
Section 13(3) of the Federal Reserve Act
|
| gptkbp:partOf |
gptkb:Federal_Reserve_Act
|
| gptkbp:permits |
Federal Reserve to lend to non-banks
|
| gptkbp:purpose |
to provide liquidity to the financial system in emergencies
|
| gptkbp:requires |
approval of Secretary of the Treasury (post-2010)
|
| gptkbp:restrictionsAddedBy |
gptkb:Dodd-Frank_Act
|
| gptkbp:usedDuring |
gptkb:COVID-19_pandemic
gptkb:2008_financial_crisis |
| gptkbp:bfsParent |
gptkb:FED
|
| gptkbp:bfsLayer |
7
|