Rep. Tlaib, Sen. Merkley Lead Bicameral Letter Opposing Fed Bailout of Oil and Gas Industry
May 14, 2020
May 14, 2020
WASHINGTON, May 14 -- Rep. Rashida Tlaib, D-Michigan, issued the following news release:
Congresswoman Rashida Tlaib (D-MI) and Senator Jeff Merkley (D-OR) led a bicameral letter to Federal Reserve Board Chairman Jerome Powell, with 45 of their colleagues, opposing the Fed's expansion of the Main Street Lending Program to companies within the oil and gas industry. The group of lawmakers feel the expansion of this program presents an immediate risk to taxpayers, whose investment coul . . .
Congresswoman Rashida Tlaib (D-MI) and Senator Jeff Merkley (D-OR) led a bicameral letter to Federal Reserve Board Chairman Jerome Powell, with 45 of their colleagues, opposing the Fed's expansion of the Main Street Lending Program to companies within the oil and gas industry. The group of lawmakers feel the expansion of this program presents an immediate risk to taxpayers, whose investment coul . . .