CORONAVIRUS, PUBLIC POLICIES AND THE ECONOMY
Roundtable President & CEO Jeffrey DeBoer testified remotely before the Senate Banking, Housing and Urban Affairs Committee on “The Status of the Federal Reserve Emergency Lending Facilities” on Sept. 9, 2020.
- Download DeBoer’s Written Statement for The Record of the hearing.
- The hearing focused on how the Federal Reserve’s Main Street Lending Program (MSLP) could be improved. The MSLP is a $600 billion loan facility established in March as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act to assist small and mid-sized businesses weather the COVID-19 economic crisis.
- The remote hearing is available to stream via Webex on the Senate Banking Committee’s website. All witnesses testimony is also available on their webpage.
DeBoer’s written statement also provides additional non-MSLP policy recommendations to provide critical assistance for renter households, business tenants, and the U.S. workforce during the COVID economic crisis.
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The Roundtable’s Homeland Security Task Force (HSTF) is co-chaired by Dan Kennedy (URW) and Charlie McGonigal (Brookfield). The HSTF includes senior security and risk management managers from a range of ownership, investment and management firms as well as staff from affiliated real estate trade organizations.