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The Federal Reserve’s Municipal Liquidity Facility

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  • Matthew Lieber
  • Betsy Shelton

Abstract

Matt Lieber, the Director of Capital Markets in the Markets Group at the Federal Reserve Bank of New York, was deeply involved in the design and implementation of the Municipal Liquidity Facility in 2020, which sought to restore stability to the municipal borrowing market during COVID-19. In a conversation with Charles Fish Investments’ Betsy Shelton, Matt and Betsy explore the Fed’s role in supporting the municipal market in times of crisis and gain a better understanding of how the Federal Reserve approaches the municipal marketplace.

Suggested Citation

  • Matthew Lieber & Betsy Shelton, 2023. "The Federal Reserve’s Municipal Liquidity Facility," Municipal Finance Journal, University of Chicago Press, vol. 44(3), pages 55-60.
    • Handle: RePEc:ucp:munifj:doi:10.1086/mfj44030055
    DOI: 10.1086/MFJ44030055
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