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By Sunday evening, when Mitch Mc, Connell required a vote on a new bill, the bailout figure had expanded to more than five hundred billion dollars, with this huge sum being allocated to two separate proposals. Under the very first one, the Treasury Department, under Secretary Steven Mnuchin, would apparently be given a spending plan of seventy-five billion dollars to offer loans to particular companies and industries. The second program would run through the Fed. The Treasury Department would offer the reserve bank with 4 hundred and twenty-five billion dollars in capital, and the Fed would utilize this money as the basis of a mammoth loaning program for firms of all sizes and shapes. https://www.tool-bookmarks.win/financing-timeshares-1 |
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