(Reuters) – The Boston Federal Reserve released fresh guidance Wednesday about how it plans to wind down the Main Street lending program, which is set to expire at year end after Treasury Secretary Steven Mnuchin asked the Fed to return unused funds.
The Boston Fed announced new deadlines for when lenders must register for the program and submit loans. Read more on the Boston Fed website https://www.bostonfed.org/supervision-and-regulation/supervision/special-facilities/main-street-lending-program.aspx.
(Reporting by Jonnelle Marte)
