Volcker Alliance, Penn Institute for Urban Research Host 5th Briefing on COVID-19, Fed Support for States and Localities
May 15, 2020
May 15, 2020
NEW YORK, May 15 -- The Volcker Alliance issued the following news release on May 14:
The Volcker Alliance and the Penn Institute for Urban Research hosted a Special Briefing on the Federal Reserve's recent action establishing the $500 billion Municipal Liquidity Facility (MLF), as well as important updates to the MLF announced on May 11, which will impact how and whether states, counties, cities, and public agencies affected by the COVID-19 pandemic are able to access credit.
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The Volcker Alliance and the Penn Institute for Urban Research hosted a Special Briefing on the Federal Reserve's recent action establishing the $500 billion Municipal Liquidity Facility (MLF), as well as important updates to the MLF announced on May 11, which will impact how and whether states, counties, cities, and public agencies affected by the COVID-19 pandemic are able to access credit.
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