CARES Act includes provisions affecting financial institutions and their regulation: some key provisions
CFPB Monitor
MARCH 30, 2020
Section 4008 of the CARES Act authorizes the Federal Deposit Insurance Corporation (FDIC) to establish a debt guarantee program to guarantee the debt of solvent insured depository institutions and depository institution holding companies. Section 4011 – Temporary Lending Limit Waiver. Section 4008 – Debt Guaranty Authority.
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