The Fed will make up to $4 trillion in loans to businesses to rescue economy, Mnuchin says
Posted on AllSides March 22nd, 2020
From The Center
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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