Federal Reserve Establishes Lending Facility To Back Up Money Market Mutual Funds The Fed will receive $10 billion from the Treasury Depart...
Federal Reserve Establishes Lending Facility To Back Up Money Market Mutual Funds
The Fed will receive $10 billion from the Treasury Department to cover potential losses in loans made to eligible financial institutions, to backstop the money market mutual fund industry.
Read more on NPR
The Fed will receive $10 billion from the Treasury Department to cover potential losses in loans made to eligible financial institutions, to backstop the money market mutual fund industry.
Read more on NPR
