Scaling Back the Safety Net

Explore the Federal Reserve's History Web Gateway, which offers easy, online access to historical artifacts, biographies, images and videos.

100 Years in Richmond

The Richmond Fed opened its doors in 1914. Learn more about the Bank's history through a new collection of photos, videos, oral histories and articles.

How Large Is the Safety Net?

Richmond Fed researchers periodically estimate the size of the federal financial safety net – most recently in February 2013. The safety net is intended to reduce systemic risk, but it can contribute to financial instability.