U.S. Buys Debt From Hollywood Giants As Pandemic Credit Facility Ramps Up

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FILE PHOTO: Jerome H. Powell, a governor on the board of the Federal Reserve System, prepares to testify to the Senate Banking Committee on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts/File Photo - RC18E0F39F40

The Federal Reserve has purchased millions of dollars in corporate bonds issued by entertainment giants like Fox Corp., Comcast, AT&T and others…

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