Dear Friends,

Today, the Treasury Department and the Federal Reserve announced the establishment of a Main Street Business Lending Program and a Municipal Liquidity Facility to further aid American workers and businesses impacted by Coronavirus. The Main Street Lending Program will offer up to $600 billion in four-year loans to businesses employing up to 10,000 workers or with revenues of less than $2.5 billion. The Treasury Department, using funding from the CARES Act, will provide an additional $75 billion to the program. Moreover, the Municipal Liquidity Facility will provide up to $500 billion in direct financing to states, counties, and cities so they have the funds necessary to serve households and businesses in their communities.

In case you missed it, I want to share an article highlighting Fresno County and Tulare County’s efforts to organize triage centers to support our local hospitals.

For helpful resources regarding Coronavirus, assistance available to American families and businesses, and the steps Congress is taking to keep Americans safe and financially secure, visit the Coronavirus Updates page on my website here.


Devin Nunes
Member of Congress

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