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Month in Cash: Fed's loose-money policies may be working too well
— Deborah Cunningham,
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"In recent weeks, we have seen the Administration and the Securities and Exchange Commission put forth considerations for money market funds that seek to strengthen liquidity, lessen risk and make more transparent the operations of our industry. We welcome a careful consideration of these ideas, many of which are in line with the way we have always operated our business at Federated." — J. Christopher Donahue, President & CEO
"Federated’s disciplined investment process will be bolstered by the Money Market Mutual Fund Working Group's recommendations, which will help to ensure investor confidence in money market funds across a variety of market environments."
— John W. McGonigle, Vice Chairman and member of the ICI’s Money Market Working Group.
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