Federal Reserve Expands Business-Lending Program

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The Fed will expand loan offerings and qualification rules for its forthcoming $600 billion lending effort designed to reach small and midsize businesses

 

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BS. The money will end up in the hands of those who will turn around and hand it over to the Chinese government for a kickback. Just like MOST of the other stimulus money that was supposed to help small AMERICAN businesses!

Define small and midsize. Because that's who the first loans were supposed to go to, instead half of them went to wealthy corprorations.

See nine key moments from Fed Chairman Jerome Powell's press conference Wednesday and why they matter

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