April 9, 2020: COVID-19 Legislative Update
COVID-19 - April 09, 2020
Policy Resolution Group COVID-19 Legislative Update
April 9, 2020
New Federal Reserve Actions
Our update today contains fast-evolving information on the new “Main Street” lending facility and the status of negotiations over additional funding for the Paycheck Protection Program (PPP). While the Federal Reserve’s announcement today brought some answers, many questions remain about how the new lending programs will operate. New guidance is expected next week, and we will report on it as soon as it becomes available.