U.S. banks seek term changes as Fed finalizes Main Street Lending Program
U.S. banks are pushing the
Federal Reserve to change the terms of a $600 billion lending
program for small and medium-sized businesses, including
reducing minimum loan sizes and allowing more flexibility on
underlying reference rates, industry groups said.
Federal Reserve to change the terms of a $600 billion lending
program for small and medium-sized businesses, including
reducing minimum loan sizes and allowing more flexibility on
underlying reference rates, industry groups said.
Posted by Reuters
