The General Accountability Office of the US Congress reported in 2011 how the Federal Reserve massively provided liquidity to several Eurozone commercial banks as well as to the European Central Bank during the global financial crisis from 2007 to 2009.Although the literature has analyzed the role of the Federal Reserve as the global lender of last resort, many aspects of the Dollar Swap Lines to the European Central Bank need further exploration. Weprovideoriginal evidence – using data from both central banks and transcripts of the Federal Open Market Committee's meetings – about alloted amounts and interest rates on dollar provision by the Federal Reserve and the European Central Bank.