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By Sunday evening, when Mitch Mc, Connell required a vote on a new costs, the bailout figure had actually broadened to more than five hundred billion dollars, with this substantial amount being apportioned to two different proposals. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would reportedly be given a budget plan of seventy-five billion dollars to provide loans to particular companies and industries. The second program would run through the Fed. The Treasury Department would offer the central bank with four hundred and twenty-five billion dollars in capital, and the Fed would utilize this cash as the basis of a massive loaning program for firms of all shapes and sizes. https://xn---2-6kc6aalfgm.xn--p1ai/user/gweterkvda |
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