This section seems really important in the new legislation: It says the Fed retains the powers it had pre-CARES. The Fed cannot restart MLF, Main Street exactly, but this prob. suggests it can still funnel credit fairly directly.

December 21, 2020, 8:36 PM by Alex Mark

This section seems really important in the new legislation: It says the Fed retains the powers it had pre-CARES.
The Fed cannot restart MLF, Main Street exactly, but this prob. suggests it can still funnel credit fairly directly. (1/2) https://t.co/kQVeqlC6yK pic.twitter.com/ykzntEbEnN
— Jeanna Smialek (@jeannasmialek) December 21, 2020

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