Tag: Luke Messer
Messer, Maloney combat Federal regulations threatening to stifle infrastructure projects in local communities
Carolyn Maloney (NY-12) Congressman Luke Messer (IN-06), who both serve on the House Financial Services Committee, introduced legislation last week that would require Federal banking regulators to include municipal bonds under the Liquidity Coverage Ratio (LCR). This change will help encourage financial institutions to continue to invest in local communities following new regulations that threaten to slow or even stop cash flow for crucial infrastructure projects.
