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Who Got Bailed Out with Eric Levitz

The Dig

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The Federal Reserve Bank Is Not About to Go on Vacation for a Month

People who are unbanked, the estimate is going to be about four months, if at all, for the government to track down their addresses and get those checks in the mail. The federal reserve ral bank has already taken a wide variety of sweeping and creative measures to keep the bottom from falling out during this crisis. And you know, unlike the senate, that the central bank is not about to go on vacation for a month. It's got the tools that it needs to get this capital in the hands of corporations that need it.

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