CORONAVIRUS, PUBLIC POLICIES AND THE ECONOMY
March 6, 2021 - Senate Democrats passed an amended, $1.9 trillion pandemic relief package, The American Rescue Plan – that has now been sent back to the House for final passage before current unemployment benefits expire March 14.
See The Roundtable's document -- "Summary and Analysis of Key Economic Provisions in The American Rescue Plan."
February 27, 2021 - The American Rescue Plan Act of 2021 (H.R. 1319) was passed by the House of Representatives is a $195 trillion COVID-19 relief package that provides $638 billion in tax cuts, offset by $45 billion in tax increases, and represents over 2% of GDP in 2021.
Roundtable President & CEO Jeffrey DeBoer testified remotely before the Senate Banking, Housing and Urban Affairs Committee on “The Status of the Federal Reserve Emergency Lending Facilities” on Sept. 9, 2020.
- Download DeBoer’s Written Statement for The Record of the hearing.
- The hearing focused on how the Federal Reserve’s Main Street Lending Program (MSLP) could be improved. The MSLP is a $600 billion loan facility established in March as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act to assist small and mid-sized businesses weather the COVID-19 economic crisis.
- The remote hearing is available to stream via Webex on the Senate Banking Committee’s website. All witnesses testimony is also available on their webpage.
DeBoer’s written statement also provides additional non-MSLP policy recommendations to provide critical assistance for renter households, business tenants, and the U.S. workforce during the COVID economic crisis.
Coronavirus - Policy Comment Letters
Coronavirus - Roundtable Weekly
Coronavirus Aid, Relief, and Economic Security (CARES) Act
March 12, 2021
President Biden Signs Landmark COVID-19 Aid Legislation Passed by Congress in Near Party-Line Votes
March 5, 2021
Senate Advances Pandemic Relief Package as President Biden Pushes Infrastructure Plan
February 27, 2021
House Passes $1.9 Trillion Virus Relief Package; Fed Reports Concerns About CRE
The Roundtable’s Homeland Security Task Force (HSTF) is co-chaired by Dan Kennedy (URW) and Charlie McGonigal (Brookfield). The HSTF includes senior security and risk management managers from a range of ownership, investment and management firms as well as staff from affiliated real estate trade organizations.