Two Democratic appointees to the Congressional Oversight Commission are asking for a formal investigation into Treasury Secretary Steven Mnuchin’sto terminate a handful of Federal Reserve emergency lending programs credited with cushioning the economy in the early days of the pandemic, arguing that he may have axed the facilities too soon without proper input from lawyers in the wake of President Trump’s election loss....
He also asked the Fed to return unused funds the CARES Act allocated to those facilities—nearly half a trillion dollars, some of which is now likely to be folded into the $900 billion stimulus package under discussion on Capitol Hill. Ramamurti and Shalala also suggested that Mnuchin’s actions were in conflict with the Treasury Department’s prior position on the issue.
theothersarahh fakenews pull ur head out.
theothersarahh Well, if ALL fed progress are corrupt in some way or another, he should cancel them. Checks and balances gone out the window a long time ago when the central banksters came to town with the credit card.
theothersarahh Mnuchin needs to be accountable.
theothersarahh He should be investigated.
theothersarahh thanks for this news
theothersarahh Here's why you'll have a wonderful holiday season 😎
theothersarahh Gov has no control over the feds .
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