Rep. Pascrell Again Calls on Federal Reserve to Aid States
April 18, 2020
April 18, 2020
PATERSON, New Jersey, April 18 -- Rep. Bill Pascrell Jr., D-New Jersey, issued the following news release:
U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) wrote a second letter to Federal Reserve Chairman Jerome Powell calling on the Fed to begin buying up municipal debt to give state and local governments flexibility to defeat the COVID-19 pandemic. Despite wrestling with one of the worst outbreaks in the nation, large counties like Bergen County are ineligible to apply for municipal debt r . . .
U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) wrote a second letter to Federal Reserve Chairman Jerome Powell calling on the Fed to begin buying up municipal debt to give state and local governments flexibility to defeat the COVID-19 pandemic. Despite wrestling with one of the worst outbreaks in the nation, large counties like Bergen County are ineligible to apply for municipal debt r . . .