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07-04-2022 |
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By Sunday night, when Mitch Mc, Connell forced a vote on a brand-new bill, the bailout figure had actually broadened to more than 5 hundred billion dollars, with this substantial sum being apportioned to two different proposals. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would reportedly be offered a spending plan of seventy-five billion dollars to provide loans to specific companies and industries. The 2nd program would operate through the Fed. The Treasury Department would provide the reserve bank with 4 hundred and twenty-five billion dollars in capital, and the Fed would use this money as the basis of a massive lending program for companies of all sizes and shapes. https://www.argfx.co/user/cwrictpgqi |
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