https://home.treasury.gov/news/press-releases/sm1007
Most of the authorized Federal Reserve rescue programs to be backstopped by $454 in U.S. Treasury funds have not started, but the Fed Reserve will begin operations in this $250 billion program (backstopped by $25 billion in Treasury appropriations). It will purchase secondary market corporate bonds that were listed as “investment-grade” as of March 22, 2020, although some of them may now by rated junk. It also can by ETFs of these types of securities.
Charlie Cooper
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Get Money Out – Maryland (GMOM) 
“We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” – Louis Brandeis
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