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Fed will provide monthly disclosures on support programs

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WASHINGTON – The Federal Reserve said Thursday that it will provide monthly reports on several of its economic rescue programs supported by the $2 trillion rescue program passed by Congress.

The central bank is “committed to transparency and accountability by providing the public and Congress detailed information about our actions to support the economy during this difficult time,” Federal Reserve Chair Jerome Powell said.

The Fed said that it will supply the names and details about participants in the programs. It will also disclose the amounts borrowed and the interest rates being charged on the loans, as well as the Fed programs' overall costs, revenues and fees.

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COVID-19
United States
United States
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Deaths: 750 423
Recovered: 0
India
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Deaths: 608 235
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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