WDIY NEWS Toomey Protest 12/21
Demonstrators from Lehigh Valley Stands Up held signs and hung a large banner on the Route 22 overpass on MacArthur Road. Whitehall police later ordered the group to take down the banner from the overpass.
Sen. Toomey s proposed amendment is designed to limit the lending programs for the Federal Reserve. The additional lending powers went into effect as a result of the CARES Act in March 2020. Democrats are objecting to the effort saying it will make it more difficult for the incoming Biden administration to access emergency powers for additional lending authority. Sen. Toomey has accused Democrats of mischaracterizing the issue, saying the new lending powers achieved their goals and now should be discontinued.