By Kate Davidson

Many in Congress want to put more money into the highway trust fund, and some now want the Federal Reserve’s help…

…Banks have concerns too. In a letter last week to the leaders of the Senate Environment and Public Works Committee, several banking trade groups warned the proposal could hurt financial stability and reduce liquidity.

“This proposed policy change undermines a key agreement that has underpinned the U.S. banking system for 100 years,” wrote the groups, which included the American Bankers Association, Financial Services Forum, Financial Services Roundtable, Independent Community Bankers of America and the Clearing House.  Read more…