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COVID-19: Federal Reserve Board to publish CARES Act borrower information. Does more oversight follow?

On April 23, the Federal Reserve Board vowed to report information every month regarding the participants of lending and liquidity facilities it has established under the Coronavirus Aid, Relief, and Economic Security Act...more

Federal Reserve creates Main Street Lending Program to support small and mid-sized businesses

On 9 April 2020 the Federal Reserve announced that it has established the highly anticipated Main Street Lending Program (Program) under which it will purchase up to US$600 billion in loans. ...more

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