Agency
House Select Subcommittee on the Coronavirus Crisis
Findings that rest on exhibits naming this entity
- POL-8.13: A staff analysis by the Democratic majority of the House Select Subcommittee on the Coronavirus Crisis reported that bonds the Fed bought through the Secondary Market Corporate Credit Facility came from companies that laid off more than one million workers. Chair Powell answered on 23 September 2020 that the Fed bought small amounts across about 800 issuers because it did not want to decide which companies to buy from.
Exhibits naming this entity
- Exhibit 798 23 September 2020. House Select Subcommittee on the Coronavirus Crisis (Democratic majority staff): Select Subcommittee on the Coronavirus Crisis, "Prioritizing Wall Street: The Fed's Corporate Bond Purchases During the Coronavirus Pandemic," staff analysis
- Exhibit 799 23 September 2020. U.S. House of Representatives, Select Subcommittee on the Coronavirus Crisis: Hybrid hearing with the Federal Reserve Chair Jerome H. Powell, Select Subcommittee on the Coronavirus Crisis, Serial No. 116-119