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Fed expands 'Main Street' program to firms with up to 15,000 workers

Fed expands 'Main Street' program to firms with up to 15,000 workers

The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for non-profits.