Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked June 20, 2021

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Thu Nov 19 22:23:46 +0000 2020

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Pat Toomey (US Sen. ret.) @SenToomey

With liquidity restored, they should expire, as Congress intended and the law requires, by December 31, 2020. — PolitiTweet.org

Posted Nov. 19, 2020

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Pat Toomey (US Sen. ret.) @SenToomey

These temporary facilities helped to both normalize markets and produce record levels of liquidity. Congress’s intent was clear: these facilities were to be temporary, to provide liquidity, and to cease operations by the end of 2020. — PolitiTweet.org

Posted Nov. 19, 2020

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Pat Toomey (US Sen. ret.) @SenToomey

I appreciate Federal Reserve Chairman Jerome Powell agreeing to return unused CARES Act funds as part of the statutorily prescribed wind down of the emergency lending facilities. — PolitiTweet.org

Letter from Chair Powell to Secretary Mnuchin regarding emergency lending facilities (PDF): https://t.co/6DovoUKi3d

Posted Nov. 20, 2020