ASA Applauds Senate Passage of Bipartisan Infrastructure Bill

WASHINGTON – The American Securities Association (ASA) today applauded the Senate for coming together to pass a bipartisan infrastructure bill and urged the House to quickly act and without regard to any other spending package by sending it to the President’s desk.

“ASA applauds Senators Sinema and Portman for their leadership in shepherding the bipartisan infrastructure bill through the Senate,” said ASA CEO Chris Iacovella. “This bill will create good-paying jobs, expand opportunity for America’s working families, and invest in our future. We were especially pleased to see Congress kill the misguided federal infrastructure bank, and expand provisions to encourage the use of taxable municipal bonds. ASA looks forward to continue working with our coalition partners and we urge the House to quickly act and send this bill to President Biden’s desk.”

Earlier this year, ASA unveiled its Infrastructure Modernization Agenda, detailing municipal bond provisions key to funding America’s future. 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/.