Retailers Ask for More Aid for Larger Businesses
The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to announcements made by the Federal Reserve and the Treasury Department on efforts to help businesses with liquidity issues during the coronavirus pandemic:
"As part of the next round of liquidity support for U.S. businesses, today’s release by the Federal Reserve Bank of new term sheets is a welcome development. By strengthening the efficiency of the Paycheck Protection Program and clarifying terms to speed relief to small and mid-market businesses through the Mainstreet Lending Program, the government is...
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