Fed Preparing to Purchase New Small Business Payroll Loans

Wall Street Journal, Apr. 6, 2020–Kat Davidson, Nick Timiraos (subscription)
The Federal Reserve said Monday it would create a new program to finance loans that banks and other lenders make through the government’s emergency small-business lending program.
https://www.wsj.com/articles/fed-preparing-to-purchase-new-small-business-payroll-loans-11586194588?mod=hp_lead_pos4