During his testimony before the House Financial Services Committee on Tuesday, US Treasury Secretary Steven Mnuchin said that the Paycheck Protection Program (PPP) could be revisited and added that assistance was also needed for families with kids. Additional takeaways “Smaller loans would be more in line with PPP loans that can be forgiven.” “Next package should be more targeted.” “PPP could be revisited, assistance also needed for families with kids.” “We struck the right balance on airlines package.” “Agreed to reallocate $200 billion from Fed programs to other program with congressional backing.” “US President Donald Trump would support additional PPP money.” Market reaction The US Dollar Index preserves its bullish momentum and was last seen gaining 0.5% on the day at 94.03. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Powell speech: Banking system has held up well so far FX Street 1 year During his testimony before the House Financial Services Committee on Tuesday, US Treasury Secretary Steven Mnuchin said that the Paycheck Protection Program (PPP) could be revisited and added that assistance was also needed for families with kids. Additional takeaways "Smaller loans would be more in line with PPP loans that can be forgiven." "Next package should be more targeted." "PPP could be revisited, assistance also needed for families with kids." "We struck the right balance on airlines package." "Agreed to reallocate $200 billion from Fed programs to other program with congressional backing." "US President Donald Trump would support additional PPP… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
