ABSTRACT

Implementation of Title IV of the Cares Act, Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Sixteenth Congress, Second Session on Examining Title IV of the Cares Act, June 2, 2020   [open pdf - 3MB]

This is the June 2, 2020 hearing on "Implementation of Title IV of the Cares Act" held before the Senate Committee on Banking, Housing, and Urban Affairs. From the opening statement of Mike Crapo: "Congress and the Administration have taken extraordinary actions to mitigate the impact of the COVID-19 [coronavirus disease 19] pandemic and provide conditions that will lead to a forceful economic recovery. The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, has been central to that effort. Today we will focus on Title IV of the CARES Act, which provided a $500 billion infusion into the Exchange Stabilization Fund, and the Department of Treasury to assist that fund, the bulk of which is being used to support the Federal Reserve's emergency lending facilities." Statements, letters, and materials submitted for the record include those of the following: Thomas Quaadman, Douglas Holtz-Eakin, and Heidi Shierholz.

Report Number:
S. Hrg. 116-319; Senate Hearing 116-319
Publisher:
Date:
2020
Series:
Copyright:
Public Domain
Retrieved From:
U.S. Government Publishing Office: https://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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