Tag Archives: 13(3) Liquidity Facility

COVID-19: US Developments – Implementation and Oversight of CARES Act – June 1, 2020

The Federal Reserve is set to begin providing emergency loans to midsize businesses as soon as this week through the US$600 billion Main Street Lending Program (MSLP) established by the March 27 Coronavirus Aid, Relief and Economic Security (CARES) Act. The US Senate is preparing to return to Washington, DC to resume legislative activity, including … Continue Reading

COVID-19: US Developments – Implementation and Oversight of CARES Act – May 29, 2020

The stay-at-home order in the nation’s capital has been lifted, while the debate continues in the United States Congress about the scope, timing and focus of the next major bipartisan federal COVID-19 response legislation. Stymied in their efforts to force quick congressional approval of another massive package, Washington Democrats are keeping busy by passing targeted … Continue Reading
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