BROADCASTS.com

Bill Nelson is the chief economist and an executive vice president at the Bank Policy Institute. Bill previously was a deputy director of the Division of Monetary Affairs at the Federal Reserve Board, where his responsibilities included monetary policy analysis, discount window policy analysis, and financial institution supervision. Bill also worked closely with the BIS working groups in the design of liquidity regulations. As a returning guest to Macro Musings, he rejoins David to talk about the recent proposals to improve the Fed\u2019s lender of last resort role via the discount window, as well as recent developments related to the Fed\u2019s balance sheet.

\xa0

Transcript for this week\u2019s episode.

\xa0

Bill\u2019s BPI profile

BPI\u2019s Twitter: @bankpolicy

\xa0

David Beckworth\u2019s Twitter:\xa0@DavidBeckworth

Follow us on Twitter:\xa0@Macro_Musings

\xa0

Join the Macro Musings\xa0mailing list!

Check out our Macro Musings merch!

\xa0

Related Links:

\xa0

*Comment on the New G30 Report* by Bill Nelson

\xa0

*Bank Failures and Contagion: Lenders of Last Resort, Liquidity, and Risk Management* by the Group of Thirty