Since the publication of this alert, the United States Court of Appeals for the Fifth Circuit granted an emergency motion to stay enforcement of OSHA’s Emergency Temporary Standard, finding there is “cause to believe there...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
On March 14, the House of Representatives passed the Families First Coronavirus Response Act (H.R. 6201), as amended, in a 363-40 vote; the House subsequently passed an amended version of the measure on March 16 containing...more
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
President Trump discussed various economic stimulus proposals with Senate Republicans yesterday aimed at mitigating the impact of the coronavirus. The President announced earlier this week that proposals could include a...more
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
The Federal Government is evaluating options to mitigate the health and economic impact of the coronavirus. As reported in our previous alert, President Trump signed into law an $8.3 billion supplemental funding package (H.R....more
EMERGENCY SUPPLEMENTAL -
This week, Congress passed an $8.3 billion emergency funding measure (H.R. 6074) to combat the coronavirus. ...more