This post was originally published on this site
https://d1-invdn-com.akamaized.net/content/pic925eed8ffb01b421a554acfb93e433b6.jpg
Mnuchin made the comments Wednesday on a video conference with reporters.
Congress directed the Fed to create the so-called Main Street lending program for mid-size businesses as part of a $2.2 trillion economic rescue package, signed into law last month. The Fed hasn’t yet launched the program.
Mnuchin also said there are no plans to add funds to an airline rescue effort.
©2020 Bloomberg L.P.
