Thus, it would seem that authority similar to that provided by section 13(3) will continue to be necessary.
4  See Board of Governors of the Federal Reserve System (2010), “Federal Reserve, European Central Bank, Bank of Canada, Bank of England, and Swiss National Bank Announce Re-establishment of Temporary U.S. Dollar Liquidity Swap Facilities,” press release May 9; and Board of Governors of the Federal Reserve System (2010), “FOMC Authorizes Re-establishment of Temporary U.S. Dollar Liquidity Swap Arrangement with the Bank of Japan,” press release, May 10.