The Federal Reserve announced Friday its latest round of changes to boost participation in its $600 billion lending effort targeting small and midsize businesses amid difficulty by Congress and the White House in reaching agreement on a new round of relief measures.

The Main Street Lending Program, which is jointly run with the Treasury Department, has seen muted demand from borrowers and banks and is designed to encourage more lending to businesses that were in a solid financial condition before the coronavirus pandemic hit…

This post first appeared on wsj.com

You May Also Like

Appeals court rejects Mark Meadows’ bid to move his Georgia case out of state court

A federal appeals court on Monday rejected an effort by former White…

Frolicking pandas, horses and dogs: Videos of animals playing in the snow

Pandas and horses and dogs, snow my! Animals large and small across…

How to Explain This Weird Job Market

The 2021 labor-market story should have been one of a strong—if incomplete—recovery.…

In Russians’ New Feed, a War Over Western Plans to Subjugate Them

“Vesti Nedeli,” the flagship weekly roundup of Kremlin-controlled television news, recently portrayed…