Shearman & Sterling counsel Donald N. Lamson (Washington, DC-Financial Institutions Advisory & Financial Regulatory) published a guest column, titled "Restore Some Bailout Flexibility to the Federal Reserve," in American Banker's financial services blog, BankThink.

In his guest column, Lamson suggests that the Dodd-Frank Act may have too severely restricted the Federal Reserve's authority to bail out entities during a financial crisis. Lamson reflects on historical precedents in noting the importance of the Federal Reserve's ability to react quickly in times of economic stress.

View the guest column,"Restore Some Bailout Flexibility to the Federal Reserve"