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The Independent UK
The Independent UK
National
Via AP news wire

US has sent $8.28 billion in pandemic funds to local lenders

Copyright 2022 The Associated Press. All rights reserved.

On the same day the Federal Reserve gave a sobering report on the U.S. economy's trajectory, administration officials highlighted how they have kept some of the nation's smallest businesses afloat through the pandemic.

Roughly $8.28 billion in relief funds have been dispersed to 162 community financial institutions across the country, through Treasury’s Emergency Capitol Investment Program, officials said Wednesday.

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