The Fed will make up to $4 trillion in loans to businesses to rescue economy, Mnuchin says
Federal Reserve,Treasury,Steven Mnuchin,US Senate,Coronavirus,Banking And Finance
From the Center
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Treasury Secretary Steven Mnuchin said Sunday that the Federal Reserve will play a key role in lending funds to businesses hurt by the coronavirus pandemic.
“Working with the Federal Reserve — we’ll have up to $4 trillion of liquidity that we can use to support the economy,” Mnuchin told Fox News on Sunday.
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