- U.S. Treasury Secretary Mnuchin says people are misunderstanding his department’s decision not to extend funding to several Fed lending programs - CNBC
Notícias do Mercado
20 novembro 2020
U.S. Treasury Secretary Mnuchin says people are misunderstanding his department’s decision not to extend funding to several Fed lending programs - CNBC
- We’re following the intent of Congress; it was clear that congressional intent was that Fed's lending facilities should expire at the end of December
- We need Congress to re-appropriate these funds
- Еhere’s up to $800 billion in potential firepower that can be deployed if needed through the Exchange Stabilization Fund and elsewhere
- Markets should be very comfortable that we have plenty of capacity left
- We'll be redoubling our efforts to sit down with Congress and get something done on stimulus
- Parts of the economy are roaring back but a lot of people are still struggling
- We want to get a targeted bill done for the people who really need it
- We're working to get vaccine distributed widely
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