United States National Economic Council Director Larry Kudlow said on Monday that the government could use up to $400 billion in fiscal actions to support the economy in the coronavirus crisis.
Kudlow told Fox Business the US will also buy $75 billion in oil for reserves to diminish the potential “challenges with the economy” the country could soon face.Lastly, he revealed the Trump administration will be suspending interest payments on student loans to lessen the economic impact of the COVID-19 pandemic. Nick Not: Remember those old civil war moves where they reload and shot again. This is wave after wave of coordinated stimulation between the Fed and Treasury. Did i mention they will throw everything at this they can Evonka is next!