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Névjegy:
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Details of how these plans would work are vague. Democrats said the new costs would give Mnuchin and the Fed total discretion about how the money would be dispersed, with little openness or oversight. They slammed the proposition as a "slush fund," which Mnuchin and Donald Trump might use 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 pressed back, stating individuals had actually misconstrued how the Treasury-Fed collaboration would work. He may have a point, but even in parts of the Fed there may not be much interest for his proposal.
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