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Course Details

Federal Reserve System - Legal Perspectives
#6923

Type

SEM

Credits

2 cr.

Student Year

2L/3L

Description:

The purpose of the course is to provide an enhanced understanding of the Federal Reserve System from a legal perspective. This course has particular relevance for three reasons: (1) the important role the Federal Reserve played in responding to the recent financial crisis and the economic recovery; (2) the presence of one of the twelve regional reserve banks here in Minneapolis; and (3) the centennial commemoration of the Fed in 2013-2014.

The course focus will be on the Federal Reserve Act, the Dodd Frank Act, and related matters, educating students on the nature and extent of Federal Reserve System authority, both as originally conceived and as this authority evolved through the 100 years of the Federal Reserve’s existence, with a particular focus on Congressional and Federal Reserve actions taken in response to the financial crisis of 2007-08 and its aftermath. Following the course, students will have a strong understanding of the Federal Reserve’s legal underpinnings, the nature and extent of its authority, and an enhanced legal perspective on banking and the national economy.

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Sections

Spring 2015: Federal Reserve System - Legal Perspectives

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  • Adjunct Professor Niel Willardson,
  • Adjunct Professor John Yanish

Type

SEM

Credits

Senior Writing?

Yes - with instructor permission

Student Year

2L/3L

Details:

(see course description, above)

(no readings)