Mnuchin Wants Congress To Unlock $580B For US Economy

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Treasury Secretary Steven Mnuchin said lawmakers should redirect unspent stimulus funding, including money he is pulling back from the Federal Reserve, to buoy the economy as the U.S. waits for a coronavirus vaccine.

“I hope that Congress will seriously consider reallocating $580 billion of funds that have already been appropriated that wouldn’t cost taxpayers an additional penny,” he said in a phone interview Thursday.

Earlier in the day, Mnuchin requested the return of unused funds from the Fed’s emergency pandemic lending program, triggering pushback from the central bank, which said the programs served a vital role.

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{Matzav.com}

3 COMMENTS

  1. Bla bla bla. That’s all nice and good. The corrupt Nancy Pelosi will not allow a single penny to go back to the hardworking American taxpayers. It’s OUR money and we have a right to use it every now and then, if you don’t mind. Not everyone is able to make millions of dollars off of illegal insider trading, like your husband Paul has done. Let the peasants have a bone (their own bone) every once in a while. You elitist snob.

    • Liar. It is Pelosi who is trying to get more money for people who need it and McConnell who is preventing anything from being done.

      And it is Kelly Loeffler and Richard Burr who engaged in insider trading while in the US Senate. Hopefully Georgia voters will vote Loeffler out of office in January.

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