The Fed plans to start monthly disclosures of the borrowers, loan amounts and interest rates for several lending programs it is establishing
The Federal Reserve said Thursday it plans to disclose monthly the borrowers, loan amounts and interest rates on funding from several new lending programs the central bank is in the process of establishing.
The loan-level disclosures will be made for several lending programs that use funds Congress provided the Treasury Department to cover potential losses in last month’s economic rescue legislation, called the Cares Act.
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