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By Sunday night, when Mitch Mc, Connell forced a vote on a new costs, the bailout figure had actually expanded to more than five hundred billion dollars, with this big sum being allocated to 2 different propositions. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would reportedly be given a budget plan of seventy-five billion dollars to provide loans to particular companies and markets. The second program would run through the Fed. The Treasury Department would offer the main bank with 4 hundred and twenty-five billion dollars in capital, and the Fed would use this money as the basis of a mammoth loaning program for firms of all sizes and shapes. https://www.a1bookmarks.win/timeshare-how-it-works |
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