Warren puts Treasury, Federal Reserve on notice about bailout fund - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

'I will be watching carefully': Elizabeth Warren just put the Treasury Department and Federal Reserve on notice about the $500 billion corporate bailout fund

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during the 2019 California Democratic Party State Organizing Convention in San Francisco, Saturday, June 1, 2019.Warren sent a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell on Tuesday, pressing them to ensure stimulus money for corporations is responsibly used.

"The legislation gives you the authority to fill this gap: it gives you extraordinary powers to make discretionary decisions about the recipients of this huge bailout for big corporations, and the terms and conditions under which they receive aid," Warren said in the letter. She urged Mnuchin to reject aid for companies that have "long records of financial mismanagement or lawbreaking."

Then the senator from Massachusetts issued a warning: "I will be watching carefully as you hand out these funds."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Watching so she doesnt miss her piece of the pie! Since 1913 slicing up America NRA fox FoxNews bbc trump USA COVID19 cnn FakeNews

Who gives a shit what she’s watching?

She will watch and do nothing. Much like she's watching a primary and not endorsing the progressive opponent of a rapist.

Like my dogs under the table hoping for crumbs, you bet Warren will be watching carefully.

I need you on my team

Good

Go away Fake Indian

Boy that’s really good to know.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How the US government will allocate $100 billion to hospitals: FAQ - Business InsiderWe got ahold of a document from Senate Democrats that provides clues to how the federal government will allocate $100 billion from the coronavirus stimulus to hospitals leonardkl *how they would want A bit late in the day, but makes a nice aspirational nevertheless.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Industry insiders reveal how the coronavirus will change advertising - Business InsiderAd insiders from Burger King, Freshly, McCann, and Vita Coco say the coronavirus will radically change advertising, from elevating brand marketing to shrinking the holding companies 👍🏻 Clockbait
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCCESS INSIDER: Finding a job during a recession, management books - Business InsiderSUCCESS INSIDER: Recruiters who survived the Great Recession share their most urgent advice for finding a job during an economic downturn
Source: BusinessInsider - 🏆 729. / 51 Read more »

Jeff Bezos' Blue Origin rocket company deemed an 'essential' business - Business InsiderJeff Bezos' Blue Origin rocket company has been deemed an essential business by the government, allowing it to continue operating amid the coronavirus outbreak jackshafer The missing six weeks: how Trump failed the biggest test of his life: jackshafer What a f ing shock Huh? Why?
Source: BusinessInsider - 🏆 729. / 51 Read more »