Dana Lach

Dana Lach

Foley & Lardner LLP

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Updated Federal Response to the Coronavirus Pandemic – Establishing the Municipal Liquidity Fund

As a result of tax and other revenue deferrals and other Coronavirus-related stressors affecting state and local governments, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) announced on April 9,...more

5/11/2020  /  CARES Act , Coronavirus/COVID-19 , Federal Reserve , FRBNY , Income Taxes , Liquidity , Special Purpose Vehicles

Federal Response to the Coronavirus Pandemic Municipal Liquidity Facility

As a result of tax and other revenue deferrals and other Coronavirus-related stressors affecting state and local governments, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) announced on April 9,...more

4/14/2020  /  CARES Act , Coronavirus/COVID-19 , Credit Facilities , Federal Reserve , Liquidity , Municipal Securities Issuers , Special Purpose Vehicles
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