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Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell have said the government’s top priority should be to provide affordable loans to small businesses and further support for millions of Americans still unemployed.

Asian shares gain, cheered by US rally on hopes for stimulus →

he said that for smaller businesses, the more effective means of support would be to make more loans available through the separate Paycheck Protection Program.

Powell faces lawmakers' skepticism on some Fed aid programs →

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