Fed to Disclose Borrowers on Business Lending Programs

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The Fed plans to start monthly disclosures of the borrowers, loan amounts and interest rates for several lending programs it is establishing

The Federal Reserve said Thursday it plans to disclose monthly the borrowers, loan amounts and interest rates on funding from several new lending programs the central bank is in the process of establishing.

The loan-level disclosures will be made for several lending programs that use funds Congress provided the Treasury Department to cover potential losses in last month’s economic rescue legislation, called the Cares Act.

 

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This will last as long as Powell's private equity friends don't look bad

Federal Reserve should make cost of Capital Zero. It shouldn't cost anything to borrow money.

Ha ha ha. Trying to prevent civil war...might not be possible. Everyone is watching Trump give money away to his friends and the and the elites. While the rest of us getting $1200 penny’s.

Crooks , throwing checks to friends and family as always.

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