Since 1960, Congress has raised, revised or extended the statutory debt ceiling 79 times. The United States reached its debt ceiling in January 2023, prompting a congressional showdown and sparking fears of extreme market...more
As lawmakers debate whether to extend the Federal Reserve’s emergency loan programs, Congressional Oversight Commissioners are divided on the issue. The New York Times reported that Commissioner Senator Pat Toomey (R-PA) is...more
11/13/2020
/ Amicus Briefs ,
Appropriation ,
Congressional Committees ,
Coronavirus/COVID-19 ,
Credit Facilities ,
Federal Budget ,
Federal Reserve ,
Financial Stimulus ,
Immigration Procedures ,
Municipalities ,
OSHA ,
Presidential Proclamations ,
Relief Measures ,
Small Business ,
State Attorneys General ,
U.S. Treasury
..Congressional Oversight Commissioner Rep. Donna Shalala (D-FL) lost her bid for reelection. Commissioner Rep. French Hill (R-AR) was reelected.
..The Congressional Oversight Commission released its sixth report, which...more
11/6/2020
/ Congressional Committees ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Federal Reserve ,
Information Reports ,
OSHA ,
Pandemic Response Accountability Committee (PRAC) ,
State Attorneys General ,
U.S. Treasury ,
Unions ,
Workplace Safety
The Congressional Oversight Commission released its fifth report, which focuses on the Federal Reserve’s Municipal Liquidity Facility (MLF). The MLF was established to help state and local governments better manage cash flow...more