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News Stories (2 Results) - Main Street Lending Program

Middle-market companies say the Federal Reserve's $600 billion Main Street Lending Program has failed to produce promised relief due to onerous terms and low availability, according to a report from Bloomberg News. Sources tell Bloomberg that... Read Story
September 15, 2020, 09:10 AM


The Federal Reserve Board announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide... Read Story
July 29, 2020, 08:48 AM