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By Sunday evening, when Mitch Mc, Connell required a vote on a brand-new bill, the bailout figure had expanded to more than 5 hundred billion dollars, with this substantial amount being allocated to two separate propositions. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would reportedly be provided a budget plan of seventy-five billion dollars to offer loans to particular business and industries. The 2nd program would operate through the Fed. The Treasury Department would provide the main bank with four hundred and twenty-five billion dollars in capital, and the Fed would utilize this money as the basis of a massive lending program for companies of all shapes and sizes. http://www.xn--c1aid4a5e.xn--p1ai/user/scwardwhuv |
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