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You're kidding right? As with other facilities, the Fed invoked Section 13(3) and received permission from the U.S. Treasury, which through the CARES Act put $
by thedangler 4y ago
You're kidding right?
As with other facilities, the Fed invoked Section 13(3) and received permission from the U.S. Treasury, which through the CARES Act put $75 billion into the three Main Street Programs to cover losses....
You were saying?
- rayiner 4y agohttps://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm https://www.federalreserve.gov/monetarypolicy/mainstreetlend... “ The Federal Reserve established the Main Street Lending Program (Program) to support lending to small and medium-sized for profit businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 pandemic.” What’s “Wall Street?”