The Federal Reserve's Actions On The Nation's Struggling Economy

The Federal Reserve took unprecedented actions back during the 2008 financial crisis to stabilize the economy. But today, the Fed is going even further.

Here & Now's Jeremy Hobson speaks with Mitchel Y. Abolafia, professor at the Rockefeller College of Public Affairs and Policy, University at Albany, State University of New York. His new book is "Stewards of the Market: How the Federal Reserve Made Sense of the Financial Crisis."