CNBC Fast Money Halftime Report July 13, 2024
So nbc news now has obtained a onepager, in effect, laying out the stage 3 proposal key terms. Thats the mnuchin proposal for about 1 trillion in stimulus and economic backstopping. Heres whats in it, as were going through it in realtime the Airline Industry gets a secured Lending Facility of 50 billi billion. Theyre saying it would be secured by lateral thats specified by the Treasury Department here. Other severely distressed sectors of the u. S. Economy, thats 150 billion. This document not specifying what other sectors might be included here, but theyre saying that it would authorize use o...