Policy issues As I have just recounted, the Federal Reserve has been able to reduce the negative macroeconomic consequences of bouts of financial instability by providing liquidity to markets and institutions at times of need.
We have widened the coverage of the Act to commercial banks, non-bank financial institutions, as well as other financial service providers and businesses (such as lawyers, accountants & real estate agents). 4. We have started to report the results of the suspicious transaction reporting framework. 5.