BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > Legalization or not, the facts.

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Post by Rotalucepson Jul 06, 2022 7:27pm

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Post# 34806840

Legalization or not, the facts.

If Schumer said the legalization would be before the August recess three months ago, it is now about the Banking act that will help the US companies in the legalized states. Wyden hopes for the vote before the August 8 recess, so it is not even a sure thing but I would bet they will vote.

I think there will be a vote, not even for the financial part of it, but if only for the criminality where employes are killed in robberies. Most of the people are not involved in the stock market but they are aware of the big criminality problem and they vote. Greedy people here don't even think about this, it is only about money. :op The third link below is about Schumer failed promise, three month's ago, to vote on legalization before the recess.

U.S. Sen. Ron Wyden Says He Hopes for Cannabis Banking Reform Bill Before August Congressional Recess (wweek.com)

U.S. Sen. Ron Wyden Says He Hopes For Cannabis Banking Reform Bill Before August Congressional Recess - News Report Global

Schumer Makes 'Promise' On Marijuana Legalization Bill Timeline After Repeated Delays - Marijuana Moment

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