Call for emergency Federal Reserve lending to affected companies

Warren called for the Federal Reserve to announce an emergency lending facility for companies whose supply chains were disrupted by coronavirus. The companies would have to use the money to treat their workforce responsibly. She urged an announcement by the time markets opened on the following Monday, whether or not the Federal Reserve cut interest rates.

Context: The passage does not specify loan terms or define what it means for companies to do right by their workforce.

In their own words

it stands ready to use its emergency lending authority to create a broad-based emergency lending facility program

The source

Protecting our People and our Economy from Coronavirus

Published: Original date not established; campaign context manually checked
Retrieved: 11/12/2026