Michael Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
But I think we have done it nationally and impacting 80 percent of the marketplace in a very, I think, negative way at the worst time.
I would just ask you to please revisit with earnestness what we have done here because I think we are going at the wrong people, trying to resolve a legitimate problem.
Congress does not need to put the American taxpayer on the hook for more losses.
Nobody that I know in a local government wants to waste it. We may have different views as to what to do with it, but we want to be able to use it to the benefit of our taxpayers and our constituents to the best of our ability.
If you had the audacity or any of my mayors, any of your mayors had the audacity to leave that kind of money sitting on the table, if you had something to do about it, first of all, I think people would know about it, second of all, I…
I want to give the SEC real authority to oversee the municipal securities market.
I think the time is right to treat cities and towns and States and county governments the same as all corporations.
The situation needs to be addressed today. If we're going to make an impact on the economy, it has to be literally trying to put the enhancement, the liquidity, the sorts of things we're talking about today, put those in place today.
Where's the problem if that's all we're asking? Simply base your credit rating on that.





