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By Sunday evening, when Mitch Mc, Connell forced a vote on a new costs, the bailout figure had actually broadened to more than 5 hundred billion dollars, with this substantial sum being allocated to two separate propositions. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would supposedly be provided a budget plan of seventy-five billion dollars to provide loans to specific companies and industries. The 2nd program would run through the Fed. The Treasury Department would offer the central bank with 4 hundred and twenty-five billion dollars in capital, and the Fed would utilize this money as the basis of a massive financing program for companies of all shapes and sizes. https://www.adirs-bookmarks.win/jon-wesley-thompson |
