Fed to Disclose Borrowers on Business Lending Programs

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.

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.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Confidence in Fed chair Jerome Powell spikes amid coronavirus crisis - Business InsiderPowell's rating beat out those of President Donald Trump and Treasury Secretary Steven Mnuchin, who got 47% and 51%, respectively. Most people don’t understand the role the fed plays or even that its there. A more public face on American fiscal and monetary programs and purpose would lessen the unhinged discussions “ Lets hang all the bankers !”.
Source: BusinessInsider - 🏆 729. / 51 Read more »