The Biden-Harris transition is in full swing. President-elect Biden has started announcing Cabinet positions, and key staff and agency teams are soliciting input as they work feverishly to put together personnel, policies,...more
12/3/2020
/ Appropriation ,
Biden Administration ,
Climate Change ,
Coronavirus/COVID-19 ,
Infrastructure ,
Joe Biden ,
NDAA ,
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Presidential Elections ,
Public Policy ,
Transitional Arrangements
On April 30, the Federal Reserve Board (“Board”) announced an expansion of the Main Street Loan Program and updated terms to the program’s original offerings. The program is now comprised of the Main Street New Loan (“New...more
On Thursday, April 9, the Federal Reserve Board (“FRB”) announced the terms sheets of four new liquidity facilities and expanded the scope of the previously announced Term Asset-backed Securities Liquidity (“TALF”), the...more
To mitigate the “severe disruptions” to the U.S. economy caused by the COVID-19 crisis, the Federal Reserve Board (“Federal Reserve”) is ramping up its efforts to “support…the flow of credit to American families and...more
The Federal Reserve is establishing a Money Market Mutual Fund Liquidity Facility (“MMFL Facility”) for prime money market mutual funds to support “the flow of credit to households and business” in these current markets. ...more
I. INTRODUCTION -
As a result of the recent outbreak of COVID-19, financial markets and institutions have experienced significant disruptions. ...more