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07-03-2022 |
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By Sunday evening, when Mitch Mc, Connell forced a vote on a new bill, the bailout figure had actually broadened to more than 5 hundred billion dollars, with this huge amount being apportioned to two separate propositions. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would apparently be provided a budget of seventy-five billion dollars to offer loans to specific companies and industries. The 2nd program would operate through the Fed. The Treasury Department would offer the reserve bank with four hundred and twenty-five billion dollars in capital, and the Fed would utilize this money as the basis of a massive loaning program for companies of all sizes and shapes. https://www.mobypicture.com/user/neisnegtjk |
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