In other words, the Federal government is nationalizing large swaths of the financial markets.
The Fed is providing the money to do it.
BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization.
So, meet your new Fed chairman,
Donald J. Trump.
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
True. I hadn't made the Q connection just saw it oh Wahoo and then looked for real confirmation and found the press release.
We know how that 4 Trillion of the CARE package is going to be spent though now. This is how the economy will soar after this is all over