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Proposal: 1703 (AF77) Reg Q; Regulatory Capital Rule: Eligible Retained Income Description: Comment ID: 137203 From: Michael Mordue Proposal: 1703 (AF77) Reg Q; Regulatory Capital Rule: Eligible Retained Income Subject: Regulations Q; Regulatory Capital Rule: Eligible Retained Income Comments: Date:Mar 19, 2020 Proposal:Regulatory Capital Rule: Eligible Retained Income [R-1703] Document ID:R-1703 Revision:1 First name:Michael Middle initial:J Last name:Mordue Affiliation (if any): Affiliation Type: () Address line 1: Address line 2: City:Gig Harbor State:Washington Zip:98335 Country:UNITED STATES Postal (if outside the U.S.): Your comment:In extraordinary circumstances, such as the current Covoid 19 pandemic, the Fed has initiated Quantitative easing. This has been confined to purchasing longer term government bonds and mortgage backed securities. Perhaps it would be more stimulative and would definitely reduce uncertainty if the Fed were to purchase stocks that have fallen to bargain basement prices. The Fed could anticipate a substantial return on such an investment in the longer term economic revival of business activity and corporate profitability.