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After the Election: What Can and Will Get Done?

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

COVID-19: Federal Reserve Expands the Main Street Lending Program

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

COVID-19: The Federal Reserve Announces New and Expanded Liquidity Facilities to Provide $2.3 Trillion in Funding

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

COVID-19: The Federal Reserve Establishes Three New Liquidity Facilities and Expands the Scope of Two Existing Liquidity...

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

COVID-19: The Federal Reserve Board Establishes a Money Market Mutual Fund Liquidity Facility

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

COVID-19 Response: Financial Regulators Seek to Blunt Impact with Emergency Measures

I. INTRODUCTION - As a result of the recent outbreak of COVID-19, financial markets and institutions have experienced significant disruptions. ...more

COVID-19: How The Tax Code Can Help The Economy Recover

The tax code could play a key role as discussions about a tax stimulus package intensify - The coronavirus has taken over Washington, D.C., if not through infection, then through a focus on policy prescriptions to help the...more

COVID-19: Grassley: “Targeted Tax Relief” Being Considered to Counter Economic Effects of Coronavirus Spread

As the novel coronavirus (COVID-19) continues to spread globally and the number of cases in the U.S. grows, attention on Capitol Hill has shifted to potential legislative responses aimed at combatting the outbreak and...more

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