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  • FED announces an Expansion in the Number and Type of Entities Eligible to Directly use its Municipal Liquidity Facility

    Federal Reserve Board announces an Expansion in the Number and Type of Entities Eligible to Directly use its Municipal Liquidity Facility| site |


    (June 3, 2020) - - Today (June 3, 2020), the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Wednesday announced an expansion in the number and type of entities eligible to directly use its Municipal Liquidity Facility (MLF). Under the new terms, all U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the MLF regardless of population. Governors of each state will also be able to designate two issuers in their jurisdictions whose revenues are generally derived from operating government activities (such as public transit, airports, toll facilities, and utilities) to be eligible to directly use the facility. In addition to the expanded terms outlined above, the MLF continues to be directly open to U.S. states, th...
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  • U.S. Securities and Exchange Commission Names Rebecca J. Olsen as Director of the Office of Municipal Securities

    U.S. Securities and Exchange Commission Names Rebecca J. Olsen as Director of the Office of Municipal Securities



    Washington, DC - - (September 4, 2018) - - The Securities and Exchange Commission today announced that Rebecca J. Olsen has been named Director of the agency's Office of Municipal Securities (OMS). Ms. Olsen has served as OMS's Acting Director since September 2017. The Office of Municipal Securities is responsible for coordinating the SEC's municipal securities activities, including policy development, coordination, and implementation of Commission initiatives to improve the municipal securities market, and administering the Commission's rules pertaining to municipal securities market participants. The office also coordinates with the Municipal Securities Rulemaking Board (MSRB) on rulemaking and enforcement. Under Ms. Olsen's leadership, OMS has been closely involved in recent init...
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  • American Federation of State, County, and Municipal Employees - - AFSCME - - President Lee Saunders Praises Senate Democratic Infrastructure Plan

    American Federation of State, County, and Municipal Employees - - AFSCME - - President Lee Saunders Praises Senate Democratic Infrastructure Plan



    Washington, D.C. - - (March 7, 2018) - -

    AFSCME President Lee Saunders issued the following statement praising the infrastructure plan released today by Senate Democrats: “This is a bold, comprehensive plan that will create 15 million good paying jobs by reclaiming recent corporate tax giveaways and investing those funds back into our nation’s communities, including in our roads, bridges, transit, schools and water systems. It ensures strong labor protections and puts the public interest first, rather than selling off the nation’s assets to private interests. “The plan also pays for infrastructure the right way by making the wealthy and corporations pay their fair share of taxes and ends special privileges for Wall Street so that
    ...
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  • Staff Reporter 1
    FED announces an Expansion in the Number and Type of Entities Eligible to Directly use its Municipal Liquidity Facility
    by Staff Reporter 1
    Federal Reserve Board announces an Expansion in the Number and Type of Entities Eligible to Directly use its Municipal Liquidity Facility| site |


    (June 3, 2020) - - Today (June 3, 2020), the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Wednesday announced an expansion in the number and type of entities eligible to directly use its Municipal Liquidity Facility (MLF). Under the new terms, all U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the MLF regardless of population. Governors of each state will also be able to designate two issuers in their jurisdictions whose revenues are generally derived from operating government activities (such as public transit, airports, toll facilities, and utilities) to be eligible to directly use the facility. In addition to the expanded terms outlined above, the MLF continues to be directly open to U.S. states, th...
    06-05-2020, 02:32 AM
  • Staff Reporter 1
    U.S. Securities and Exchange Commission Names Rebecca J. Olsen as Director of the Office of Municipal Securities
    by Staff Reporter 1
    U.S. Securities and Exchange Commission Names Rebecca J. Olsen as Director of the Office of Municipal Securities



    Washington, DC - - (September 4, 2018) - - The Securities and Exchange Commission today announced that Rebecca J. Olsen has been named Director of the agency's Office of Municipal Securities (OMS). Ms. Olsen has served as OMS's Acting Director since September 2017. The Office of Municipal Securities is responsible for coordinating the SEC's municipal securities activities, including policy development, coordination, and implementation of Commission initiatives to improve the municipal securities market, and administering the Commission's rules pertaining to municipal securities market participants. The office also coordinates with the Municipal Securities Rulemaking Board (MSRB) on rulemaking and enforcement. Under Ms. Olsen's leadership, OMS has been closely involved in recent init...
    09-14-2018, 03:11 AM
  • Staff Reporter 1
    American Federation of State, County, and Municipal Employees - - AFSCME - - President Lee Saunders Praises Senate Democratic Infrastructure Plan
    by Staff Reporter 1
    American Federation of State, County, and Municipal Employees - - AFSCME - - President Lee Saunders Praises Senate Democratic Infrastructure Plan



    Washington, D.C. - - (March 7, 2018) - -

    AFSCME President Lee Saunders issued the following statement praising the infrastructure plan released today by Senate Democrats: “This is a bold, comprehensive plan that will create 15 million good paying jobs by reclaiming recent corporate tax giveaways and investing those funds back into our nation’s communities, including in our roads, bridges, transit, schools and water systems. It ensures strong labor protections and puts the public interest first, rather than selling off the nation’s assets to private interests. “The plan also pays for infrastructure the right way by making the wealthy and corporations pay their fair share of taxes and ends special privileges for Wall Street so that
    ...
    03-09-2018, 03:16 PM

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