Christopher Condon

Government, Business

US Might Need to Produce More of Its Own Goods, Yellen Says

Treasury Secretary Janet Yellen Yellen also conceded that the continued low supply of labor was “a mystery” amid the high demand for workers. (Greg Nash/The Hill via Bloomberg News)

Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.

Christopher Condon | Bloomberg News
December 7, 2021
Government, Business

Fed Extends Main Street Program to Process Last Submitted Loans

The Federal Reserve building stands in Washington. (Stefani Reynolds/Bloomberg News) The Federal Reserve building stands in Washington. (Stefani Reynolds/Bloomberg News)

The Federal Reserve has delayed the termination of the Main Street Lending Program to Jan. 8, from Dec. 31, to finish processing loans submitted by a Dec. 14 deadline to tap its funds.

Christopher Condon | Bloomberg News
December 29, 2020