Tuesday - September 9, 2025
Fed: Banking Panic in New Mexico in 1924 and the Response of the Federal Reserve
August 14, 2025
WASHINGTON, Aug. 14 (TNSres) -- The Federal Reserve issued the following white paper abstract (No. 2025-064) on Aug. 13, 2025, by Mark Carlson entitled "Banking Panic in New Mexico in 1924 and the Response of the Federal Reserve."

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Banking Panic in New Mexico in 1924 and the Response of the Federal Reserve

Abstract:

There was a banking panic in New Mexico in early 1924 when about one-fourth of the banks in the state closed tempor . . .

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