ASA Statement on House Muni Bond Hearing

ASA looks forward to being a constructive partner.

WASHINGTON – The American Securities Association (ASA) today welcomed a House Financial Services Committee hearing exploring the role of municipal bond markets and economic, racial, and social justice.

“ASA applauds the Financial Services Committee for raising important questions about the ability of historically Black colleges and universities (HBCUs) and higher education institutions of smaller sizes to access funding in a cost-effective manner,” said ASA CEO Chris Iacovella. “If a legislative solution is needed to create incentives for bonds to be used to make funding for higher education and college more affordable for every American, ASA looks forward to being a constructive partner.”

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ASA’s regional financial services companies work in communities across the country to create jobs, grow the economy, and increase prosperity for all Americans. The ASA exclusively represents the capital market and private client interests of its members and seeks to promote free market principles making it easier to access financial advice and capital. ASA members help Americans save for retirement, provide Main Street businesses with capital to grow, and advise hardworking Americans how to create and preserve wealth. For the latest updates follow @AmerSecurities and learn more at http://americansecurities.org/.