Federal Reserve Gave Banks $13 Billion loans without telling Congress

Federal Reserve Gave Banks $13 Billion loans without telling Congress

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. It turns out federal reserve has given banks $13 billion in loans without telling congress, in secrecy.

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