A Fed 'bailout' for Main Street? Speed, collateral stand in the way
Share:
WASHINGTON (Reuters) - U.S. Federal Reserve and Trump administration officials over the last week have greased corporate and bank financial markets, freed up half a trillion dollars for central banks in other countries, and pledged to keep major industries such as the airlines afloat. Can they rescue the neighbourhood bar?That has become a central debate as government officials build an emergency economic plan of unprecedented scale and speed.Paid sick leave for more workers and broader access..