what is the role of president during Financial crisis?
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Federal Reserve purchases of federal agency debt and mortgage-backed securities have reduced mortgage interest rates, making home purchases more affordable. The Federal Reserve developed new rules for credit cards, mortgages, and other financial products following the wake of the financial crisis.
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For both American and European economists, the main culprit of the crisis was financial regulation and supervision (a score of 4.3 for the American panel and 4.4 for the European
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