Policy Resolution Group COVID-19 Legislative Update
May 20, 2020
Fed Watch
Today’s note is a big one, and it is filled with useful content and insights from Liam Donovan and the PRG team. It covers the effort to operationalize the Federal Reserve’s lending facilities, potential Paycheck Protection Program (PPP) reforms, evolving Phase 4/CARES 2 proposals, and the White House’s regulatory relief Executive Order.