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Representatives Stivers, Ruppersberger, Others Encourage Treasury and Federal Reserve to Support Municipal Bonds

Published on May 7, 2020
Representatives Stivers, Ruppersberger, Others Encourage Treasury and Federal Reserve to Support Municipal Bonds

On May 1, 2020, Representatives Steve Stivers (R-OH), C.A. “Dutch” Ruppersberger (D-MD), and 41 colleagues from both parties sent Treasury Secretary Steven Mnuchin and Federal Reserve Board Chairman Jerome Powell this letter calling on them to use authority and funding provided in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to support the municipal secondary market and fully re-open the primary municipal market.

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