ASA Statement on Senate Banking Infrastructure Hearing

Investing in infrastructure will create good-paying jobs, expand opportunity for America’s working families, and lead our country into the future.

WASHINGTON – The American Securities Association (ASA) today commended the Senate Banking Committee for holding a hearing on expanding opportunity through infrastructure investments.

“Investing in infrastructure will create good-paying jobs, expand opportunity for America’s working families, and lead our country into the future,” said ASA CEO Chris Iacovella.

“We are especially encouraged by the strong bipartisan support for reinstating advance refundings for municipal bonds, renewing a Build America Bond program, and expanding eligibility and state allowances for Private Activity Bonds at this week’s infrastructure hearings in the House and Senate. These are key pillars of ASA’s Infrastructure Modernization Agenda and we look forward to advancing them to the President’s desk.”

To read ASA’s Infrastructure Modernization Agenda, click here. Additionally, ASA CEO Chris Iacovella recently penned an op-ed for the Bond Buyer outlining how municipal bonds are key to America’s infrastructure modernization opportunity.

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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/.