The Fed is stepping into its role as lender of last resort amid breakdowns in funding markets https://t.co/PY58avazMT

— Nick Timiraos (@NickTimiraos) March 17, 2020

Rpted this was coming yday & last week on @VarneyCo @TheEveningEdit ⁦@FoxBusiness⁩ #FederalReserve Launch Commercial Paper Funding Facility 2 ease credit to households, non-banks #Coronavirus https://t.co/uB8e8zzZBi

— Elizabeth MacDonald (@LizMacDonaldFOX) March 17, 2020

Fed restarts Commercial Paper Funding Facility https://t.co/Usa4pIDVGq via @WSJ

— David Wessel (@davidmwessel) March 17, 2020

Federal Reserve Will Launch Commercial Paper Funding Facility https://t.co/8lZKl35JdM

— Karol Cummins (@karolcummins) March 17, 2020

Further to my earlier tweets, here's the @WSJ's @NickTimiraos on the introduction of a new commercial paper funding facility.
In additional to implementation, the #Fed's (and other #centralbanks') attention needs to switch to other areas of market stress.https://t.co/4RBgFn85ue pic.twitter.com/voR2G0QmBO

— Mohamed A. El-Erian (@elerianm) March 17, 2020

Wanna bet this money only goes to Wall Street, big business, politically-connected billion-dollar companies. How about small business? Will we see a dime? Small business is economic engine of USA, yet we always get screwed.https://t.co/J1jQ5YWpRI

— Wayne Allyn Root (@RealWayneRoot) March 17, 2020

BREAKING: Federal Reserve announces move to help businesses get short-term funding in commercial paper markethttps://t.co/M2S0iW5b04

— CNBC Now (@CNBCnow) March 17, 2020

Fed restarts Commercial Paper Facility. Will buy commercial paper to ease mkt turmoil. Central Bank acts after short-term funding markets for companies become 'frozen.' The cost will be the three-month overnight index swap rate plus 200 points. https://t.co/9DCdpEzJLz pic.twitter.com/WhDdptJfBl

— Holger Zschaepitz (@Schuldensuehner) March 17, 2020

It's officially 2008 again. #CommericalPaper #MoneyMarkets

Not hearing GOP jokes about "deconstructing the administrative state" https://t.co/u7gxTTmvmV

— Confunctionist (@confunctionist) March 17, 2020

HUMANS NEED FUNDING NOT BUSINESSEShttps://t.co/SoZJCSFS5C

— Dwight Rhinosoros (@rhinosoros) March 17, 2020

I'm just saying!!! Read closely.. @thebearablebull @RosesOnThaMoon@BabaCugs@digitalassetbuyhttps://t.co/t0BXnZhmbm

— XRPisLife (@jmines17) March 17, 2020

The Federal Reserve announced Tuesday that it will open a commercial paper funding facility to support financing needs of companies facing stress amid coronavirus outbreak.#SmallBusiness #cafe #Coffeehttps://t.co/UJIYiNYyEw

— Coffee Fiendz ☕ (@CoffeeFiendz) March 17, 2020