Washington – MFA President and CEO Bryan Corbett today released the following statement on the Biden Administration’s American Families Plan:
“MFA appreciates the Biden Administration’s efforts to invest in our nation’s economic future. As the country continues to recover from the global pandemic, MFA supports a fair and growth-oriented tax code that promotes long-term investment activity in the United States.
“Hedge funds and alternative investment funds help secure the retirement of more than 26 million teachers, firefighters, and other American workers by helping pension funds meet their long-term obligations. Foundations and endowments also rely on our industry to fund scholarships, medical research, and charitable work across the country. Considering this important work and its economic benefit for Main Street America, it’s unfortunate that our industry has been singled out by the Administration.”