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Névjegy:
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Information of how these schemes would work are unclear. Democrats said the brand-new costs would offer Mnuchin and the Fed total discretion about how the money would be distributed, with little transparency or oversight. They criticized the proposal as a "slush fund," which Mnuchin and Donald Trump might utilize to bail out preferred business. News outlets reported that the federal government would not even need to determine the aid receivers for as much as six months. On Monday, Mnuchin pushed back, saying people had misinterpreted how the Treasury-Fed partnership would work. He may have a point, but even in parts of the Fed there may not be much enthusiasm for his proposal.
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