The U.S. Treasury Department has approved a new Main Street Business Lending Program and the Municipal Liquidity Facility to support credit to workers, businesses, states, counties and cities impacted by the coronavirus. Using funds from the CARES Act, the Treasury Department is making a $75 billion equity investment in the Main Street Business Lending Program. The Municipal Liquidity Facility will be providing up to $500 billion in direct financing to states, counties and cities. Read more.
