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07-04-2022 |
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By Sunday evening, when Mitch Mc, Connell required a vote on a new expense, the bailout figure had broadened to more than five hundred billion dollars, with this substantial sum being allocated to two different propositions. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would supposedly be given a spending plan of seventy-five billion dollars to supply loans to specific companies and markets. The second program would operate through the Fed. The Treasury Department would supply the main bank with four hundred and twenty-five billion dollars in capital, and the Fed would use this cash as the basis of a mammoth lending program for firms of all shapes and sizes. https://we.riseup.net/claruslcje |
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