With the 2020 presidential election underway, now is the time for businesses and organizations to consider the potential impacts of the next presidential administration’s policies and priorities. In the first installment of...more
10/14/2020
/ Coronavirus/COVID-19 ,
Donald Trump ,
Financial Services Industry ,
Infrastructure ,
Political Campaigns ,
Political Candidates ,
Presidential Elections ,
Public Policy ,
Tax Cuts ,
Technology Sector ,
Trump Administration
As the insurance industry resists providing coverage for the spate of business interruption claims arising out of the COVID-19 pandemic, and coverage lawsuits are starting to spring up around the country, some federal...more
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