Patrick Toomey actually said...

I am grateful to Senators Menendez, Crapo, and Manchin for joining me in legislation that would allow funds to elect a status which would enable money market funds to use the amortized cost and penny rounding accounting, therefore, maintain a stable NAV.

Context

Toomey expresses gratitude for bipartisan support on legislation for money market funds.

05/18/2016

https://www.congress.gov...

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