Russell Waters
The Public Record
I believe it's important for Congress to do special things in order to provide funds for these on particularly businesses and minority areas.
We need to do better than that. This is not going away and too many businesses are suffering.
I think Mr. Bernanke is correct when he said the localities in our school districts have to be careful.
Do you think grants would be helpful instead of looking for ways by which to keep your business open and then take back the money?
I would love to see the Fed and Treasury explore a 13(3), maybe something within the mainstream facility through CDFIs that would be oriented toward these low-and moderate-income neighborhoods and businesses.
Should we not set aside a percentage of the remaining funds for small businesses that need it most?
I am absolutely committed to the proposition that this will not happen, that we are going to have a credible forbearance situation for our homeowners that will not cause them to lose their homes.
The coronavirus pandemic has had an unprecedented impact on our nation's workers, capital markets, and economy.





