I assume that your view is that there is Federal authority now to be able to intercede, either through the Treasury or the Fed, with the VRDO market in some way that may give hospitals, public hospitals, schools, and other municipal credit some relief from the lack of market that exists for variable rate debt.
Michael Bennet: “I assume that your view is that there is Federal authority now to be able to intercede, either through the Treasury or…”
Editor's note · Context
Bennet discusses federal intervention to assist municipalities facing debt issues.
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