Home News The US Treasury has now approved $1

The US Treasury has now approved $1

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The US Treasury has now approved $1.1bn in loan guarantees to help banks and other companies survive this year. It comes on top of a $3.4bn loan guarantee that was made to the US banking industry earlier this month. The Department of Housing and Urban Development said the new lending was needed to pay off the government”s debt. First of all the banks need to pay off their obligations

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