The time is ripe for public pension obligation bonds

Girard Miller  |  March 26, 2020

Op-ed by Girard Miller, includes “… Last year, I proposed that Congress should authorize access to the U.S. Treasury's Federal Financing Bank borrowing window. … in today's market and economic meltdown, it makes even more sense for the FFB window to be opened immediately to states to provide quick source of capital to make POBs and benefits bonds workable … The state and local government finance lobby — and the public pension community — should make themselves heard quickly in Congress, and at the White House and the Treasury, to open that window. Let's not let this crisis go to waste.”

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