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Névjegy:
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Details of how these schemes would work are unclear. Democrats stated the brand-new bill would offer Mnuchin and the Fed total discretion about how the cash would be distributed, with little transparency or oversight. They criticized the proposition as a "slush fund," which Mnuchin and Donald Trump could utilize to bail out preferred companies. News outlets reported that the federal government would not even need to recognize the aid receivers for up to 6 months. On Monday, Mnuchin pushed back, stating individuals had misunderstood how the Treasury-Fed collaboration would work. He might have a point, but even in parts of the Fed there might not be much enthusiasm for his proposal.
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