Trump says $70 bln in coronavirus rescue loans authorized. But where’s the cash?
Roughly $70 billion of a
$350 billion pot of loans to cover the payrolls of ailing small
businesses have been originated by U.S. lenders in recent days,
President Donald Trump said on Tuesday, adding that that money
was “essentially loaned.”
$350 billion pot of loans to cover the payrolls of ailing small
businesses have been originated by U.S. lenders in recent days,
President Donald Trump said on Tuesday, adding that that money
was “essentially loaned.”
Posted by Reuters
