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By Sunday night, when Mitch Mc, Connell required a vote on a new expense, the bailout figure had actually expanded to more than 5 hundred billion dollars, with this substantial amount being apportioned to 2 different propositions. Under the first one, the Treasury Department, under Secretary Steven Mnuchin, would apparently be offered a budget of seventy-five billion dollars to provide loans to particular companies and industries. The second program would operate through the Fed. The Treasury Department would provide the reserve bank with four hundred and twenty-five billion dollars in capital, and the Fed would use this money as the basis of a mammoth financing program for firms of all shapes and sizes. https://www.bookmark-tango.win/timeshare-wiki-2 |
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