SIFMA Statement on the State of the Union Address

Washington, D.C., January 31, 2017 – SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on President Donald J. Trump’s State of the Union address:

“SIFMA supports the Administration’s commitment to infrastructure investment which will help spur job creation and economic growth. The introduction of a comprehensive infrastructure investment package as broadly outlined in the State of the Union would be a significant step toward bringing our infrastructure into the 21st century. Meaningful public-private partnerships, which should be a key component of this plan, would ease the burden on the federal government by leveraging our capital markets to create expanded financing options.”

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SIFMA is the voice of the U.S. securities industry. We represent the broker-dealers, banks and asset managers whose nearly 1 million employees provide access to the capital markets, raising over $2.5 trillion for businesses and municipalities in the U.S., serving clients with over $20 trillion in assets and managing more than $67 trillion in assets for individual and institutional clients including mutual funds and retirement plans. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.