Treasury Department Announces $8.7 Billion To Increase Lending To Businesses

Photo: MNN

WASHINGTON — Today, U.S. Secretary of the Treasury Janet L. Yellen and Vice President Kamala Harris announced the deployment of more than $8.7 billion in investments through the Emergency Capital Investment Program (ECIP) to increase lending to small and minority-owned businesses, and low- and moderate-income consumers in underserved communities, including rural areas.

Tags: Black Star NewsBlack businesses$8.7 billion in investmentslending to small and minority-owned businessesFreedman’s Bank ForumU.S. Secretary of the Treasury Janet L. YellenVice President Kamala Harris

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