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The Office of the Comptroller of the Currency (OCC) is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates and …
What is the Payment Protection Program Liquidity (PPPLF) Facility and what are regulatory capital effects for using the facility?
A:
On April 6, 2020, the Federal Reserve announced the creation of the Paycheck Protection Program Liquidity Facility (PPPLF), which provides liquidity to small business lenders and...