Fed Turns To Banks For Feedback On Main Street Lending Program
PYMNTS
APRIL 28, 2020
The Federal Reserve is nearly ready to debut its new Main Street lending program, and it is reaching out to banks for advice, according to a report from CNBC. The Fed has received over 2,200 pieces of feedback online, sources said, according to CNBC. billion in sales from 2019. The coronavirus has put the Fed in a unique position.
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