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FAQs: Federal Reserve’s Main Street Lending Facilities for Small and Mid-Sized Businesses

Federal Reserve set to make up to $600 billion available to eligible small and mid-sized businesses. On April 9, 2020, the Board of Governors of the Federal Reserve System (Federal Reserve) announced details regarding the...more

US Federal Banking Agencies Introduce Further Measures to Address Continuing COVID-19-Related Risks

The three US federal banking agencies continue to take additional steps to promote the functioning of the financial system in the face of the pandemic. The three US federal banking agencies - the Board of Governors of the...more

Federal Reserve to Establish a Facility to Facilitate Lending to Small Businesses Pursuant to the SBA’s Paycheck Protection...

The facility is expected to increase funding and liquidity for the program and should allow lenders to move PPP loans off their balance sheets. On April 6, 2020, the Federal Reserve announced its intention to facilitate...more

US Federal Banking Agencies Introduce Additional Measures to Address COVID-19-Related Risks

The three US federal banking agencies have taken additional steps to enable the financial system to continue functioning during the pandemic. The three US federal banking agencies — the Board of Governors of the Federal...more

US Federal Banking Agencies Introduce Measures to Protect US Financial System Against COVID-19-Related Risks and Assist Consumers...

The three US federal banking agencies have taken steps to enable the financial system to continue functioning during the pandemic. During the course of this week, the three US federal banking agencies — the Board of...more

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