Jerusalem Post

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BREAKING NEWS

US Treasury to ask Congress for $200b. loan for small businesses - report

By REUTERS

APRIL 7, 2020 18:48

The U.S. Treasury Department is preparing to ask Congress for a further $200 billion for a small business lending program that is a mainstay of the nation's coronavirus economic relief efforts, the Washington Post reported on Tuesday.

The Post, which cited two unnamed people briefed on the matter, said the request could come as soon as Tuesday, but that details were still being worked out. (Reporting by Tim Ahmann Editing by Chizu Nomiyama)

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