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    Mission Critical To Save The Economy: Fed Goes Even Bigger With Massive Loan Help

    In its latest salvo, the Federal Reserve announced $2.3 trillion in new lending programs in an effort to keep businesses and local governments afloat during the coronavirus pandemic.
    by Scott Horsley Apr 09, 2020 1 minute
    Restaurants at Union Station in Washington, D.C., are closed. The Federal Reserve addressed several new lending programs in an effort to keep businesses and local governments afloat during the coronavirus pandemic.

    Updated at 11:07 a.m. ET

    The Federal Reserve announced several new lending programs Thursday, designed to pump an additional $2.3 trillion into a U.S. economy that has been severely battered by the coronavirus pandemic.

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