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Senators’ May 14 Letter to Treasury and the Federal Reserve on Municipal Bonds

Published on May 14, 2020
Senators’ May 14 Letter to Treasury and the Federal Reserve on Municipal Bonds

On May 14, 2020, a group of Senators wrote Treasury Secretary Mnuchin and Federal Reserve System Board Chair Powell to encourage them to take further action to stabilize the municipal bond market to ensure state and local governments have access to needed medium- and long-term financing in the midst of the COVID-19 pandemic.

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