Written testimony of Hal S. Scott, Emeritus Professor, Harvard Law School; President of the Committee on Capital Markets Regulation, before the Committee on Banking, Housing and Urban Affairs, United States Senate.

“Thank you, Chairman Crapo, Ranking Member Brown, and members of this Committee for inviting me to testify before you today on the Treasury/Federal Reserve Main Street Lending Program (MSLP). My testimony today regarding the MSLP is based on the September 3 statement of the Committee on Capital Markets Regulation (CCMR), of which I am the President. With respect to other issues, the testimony is my own, and does not necessarily represent the views of CCMR.”

Read the entire written testimony here.

September 3, 2020 statement of the Committee on Capital Markets Regulation, Making Main Street Work.