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Better Markets Comment Letter

Better Markets Demands Fed Transparency in Lending Programs

In response to the economic crisis caused by COVID-19, the Federal Reserve has established a Main Street Lending Program. Under these facilities, U.S. taxpayers, through the Federal Reserve, will purchase 95 percent participations in loans to eligible businesses, i.e., those with up to 10,000 employees or up to $2.5 billion in annual revenue.