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Névjegy:
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Details of how these schemes would work are unclear. Democrats said the brand-new expense would give Mnuchin and the Fed total discretion about how the cash would be distributed, with little transparency or oversight. They slammed the proposal as a "slush fund," which Mnuchin and Donald Trump could utilize to bail out favored companies. News outlets reported that the federal government would not even have to identify the aid recipients for as much as six months. On Monday, Mnuchin pushed back, stating people had misunderstood how the Treasury-Fed collaboration would work. He might have a point, however even in parts of the Fed there might not be much interest for his proposal.
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