The role of the Federal Reserve The partnership between the Federal Reserve and NeighborWorks America is just one aspect of the Federal Reserve's effort to stabilize neighborhoods. Community Affairs staff across the Federal Reserve System are providing data analysis and technical assistance to state and local governments trying to address foreclosures in their communities.
Janet Yellen, United States Secretary of the Treasury, spoke recently about the extensive pandemic supports for workers, households and rms as a ‘bridge to the end of the pandemic’.5 We now need to start thinking about what is on the other side of that bridge.