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Névjegy:
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Details of how these plans would work are unclear. Democrats said the brand-new costs would give Mnuchin and the Fed overall discretion about how the cash would be dispersed, with little transparency or oversight. They slammed the proposal as a "slush fund," which Mnuchin and Donald Trump could use to bail out preferred companies. News outlets reported that the federal government wouldn't even need to identify the help receivers for as much as 6 months. On Monday, Mnuchin pushed back, stating people had actually misunderstood how the Treasury-Fed partnership would work. He might have a point, but even in parts of the Fed there might not be much enthusiasm for his proposition.
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