Leading the Fed's response on 9/11
Twenty-five years on, Roger recalls leading the Federal Reserve's response on September 11, 2001.
On September 11, 2001, Roger was the only Federal Reserve governor in Washington. Twenty-five years later, he wrote for American Banker about leading the central bank's first response that day.
He explains how a national emergency can set off hoarding, bank runs and a scramble for cash, and the steps the Fed took to keep the financial system working.
