How the Federal Reserve's Aid Helps Small Businesses

April 10, 2020
On Thursday, the Federal Reserve announced it will inject another $2.3 trillion to prop up the U.S. economy. The cornerstone of the loan is a $600 billion lending program to offer support for small and mid-sized businesses struggling during the coronavirus pandemic. Dan Simon, author of the book, 'The Money Hackets: How a Group of Misfits Took on Wall Street and Changed Finance Forever" and the CEO of Vested, examines if this help has come in time to save small businesses.
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