rt @rortybomb good time to revisit this question from tlaib to powell: if the federal reserve can provide emergency liquidity to the financial sector in a crisis, why can't they do the same for public entities like cities and states in the same crisis?  qt @rortybomb interesting back and forth where tlaib asks powell that if the fed can backstop the financial sector in a credit crisis and recession, why can't it do the same for public entities like states, cities and municipalities when they are in crisis?