ASA Statement on White House Infrastructure Meeting

ASA supports the Biden administration and members of Congress coming together to advance a bipartisan bill to modernize America’s infrastructure.

WASHINGTON – The American Securities Association (ASA) today welcomed the Biden administration’s bipartisan and bicameral meeting with key policymakers to discuss modernizing America’s infrastructure.

“ASA supports the Biden administration and members of Congress on both sides of the aisle coming together to advance a bipartisan bill that modernizes America’s infrastructure, create good-paying jobs, and leads our country into the future,” said ASA CEO Chris Iacovella. “We look forward to continuing to be a helpful partner and ensure municipal bonds, and the ASA’s Infrastructure Modernization Agenda, are a key pillar of any legislative package.”

“Additionally, ASA welcomes introduction of the Local Infrastructure Financing Tools (LIFT) Act, sponsored by Rep. Sewell, to expand the use of municipal bond financing opportunities to help boost infrastructure investment in communities across the country.”

ASA has been at the forefront of infrastructure advocacy. Last month, ASA submitted its Infrastructure Modernization Agenda to the House Transportation and Infrastructure Committee’s leadership, and welcomed President Biden’s infrastructure agenda. Last week, ASA CEO Chris Iacovella 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/.