Federal reserve

Federal Reserve Board Expands Main Street Lending Program

"The expansions announced yesterday to the Main Street Lending Program are the result of an extensive comment period, and are designed to better meet the needs of small and medium-sized businesses," said U.S. Department of Treasury Secretary Steven Mnuchin in a statement.

The Fed's Cryptocurrency Head Fake

A closer parsing of the Fed chair's words suggests we should be skeptical. Cryptocurrencies are more than just electronic money.