Treasury Department

"The Federal Reserve supports firms that choose to use their capital and liquidity buffers to lend and undertake other supportive actions in a safe and sound manner," the Fed said.
March 15, 2020 5:33 PM

The actions include cutting the federal funds rate to between 0% and 0.25% and other steps to ease economic stress from the spread of the coronavirus.

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Five litre bottles of 70% hand sanitizing gels sit on the production line at Cleenol Group Ltd.'s factory in Banbury, U.K., on Friday, March 6, 2020. The stockpiling crisis that has hit supermarkets across Asia has spread to Europe as consumers start hoarding groceries and hygiene products amid fears of a coronavirus pandemic. Photographer: Chris Ratcliffe/Bloomberg
Michael Cohn
March 13, 2020 4:27 PM

The National Society of Accountants, NCCPAP and the AICPA are asking the IRS and Treasury for tax relief during the pandemic.

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