Financial Crisis and the IMF The International Monetary Fund (IMF) has been at the heart of the policy response to the global financial crisis. It has committed to lend over $150 billion to a diverse range of crisis‐stricken, vulnerable, and poor countries including Iceland, Hungary, Costa Rica and Zambia. With support from the Group of Twenty wealthy and developing economies, the IMF is on track to triple its lending capacity to $750 billion through bilateral loan commitments and innovative financing techniques. The U.S. Congress enacted landmark legislation in June authorizing U.S. participation in the effort to boost IMF’s crisis response capabilities. As it faces to unprecedented demands on its financial and intellectual resources, the IMF itself is undergoing dramatic changes in response to criticisms of its governance and lending policies, to enhance its legitimacy as a truly global institution. Our panel will feature IMF and U.S. Treasury legal staff, and WCL faculty, discussing the IMF’s role in the crisis so far, as well as its reform record and the challenges ahead. (Javascript is required to view Mediasite content)