We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
Rep. Walt Minnick's (D., Idaho) plan to introduce legislation that would authorize the U.S. Treasury to provide as much as $15 billion to $25 billion in guarantees on new loans to the commercial real estate sector is gaining momentum in both chambers of Congress.
Minnick said he was still finalizing the details of the measure but, based on preliminary discussions with Treasury staff, expects to have the administration's support.
