Sen. Hoeven Issues Statement on Expansion of Main Street Lending Program
May 02, 2020
May 02, 2020
BISMARCK, North Dakota, May 2 -- Sen. John Hoeven, R-North Dakota, issued the following statement on April 30 after the Federal Reserve announced an expansion of its Main Street Lending program, which operates under Section 13(3) of the Federal Reserve Act:
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Under today's announcement, the Federal Reserve will begin offering three loan options through the Main Street Loan Program, which was established under the Coronavirus Aid, Relief, and Economic Security (CARES . . .
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Under today's announcement, the Federal Reserve will begin offering three loan options through the Main Street Loan Program, which was established under the Coronavirus Aid, Relief, and Economic Security (CARES . . .