Fed rolls out $2.3 trillion to backstop 'Main Street,' local governments
The Fed said it would work through banks to offer 4-year loans to companies of up to 10,000 employees and directly buy the bonds of states and more populous counties and cities to help them respond to the health crisis.
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Coming next from the Fed: How much for Main Street?The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets.
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TikTok Donates $2 Million to MusiCares' COVID-19 Relief Fund“We want to help support the community that keeps us entertained,” TikTok reps say
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UnitedHealth expedites $2 billion in hospital payments amid pandemic - Business InsiderUnitedHealth Group is accelerating $2 billion in payments to medical providers treating the surging number of patients infected with the coronavirus.
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Trump replaces Pentagon watchdog who was overseeing $2 trillion coronavirus stimulus spendingPresident Donald Trump replaced acting Pentagon Inspector General Glenn Fine from his post and that of top watchdog for COVID-19 stimulus spending.
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Trump Suddenly Ousts Pentagon Inspector General Overseeing $2 Trillion Stimulus SpendingPresident Trump on Monday abruptly removed the Pentagon inspector general who was tapped to oversee spending for the $2 trillion economic stimulus, according to multiple reports by lisettevoytko
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