Saturday, June 13, 2020

None Of Taxpayers Business Where $600b Went

New York Times
Treasury Chief Refusing to
Disclose Recipients of Virus Aid
"Building ramparts of secrecy around a $600 billion-plus coronavirus aid program for small businesses, Treasury Secretary Steven Mnuchin has moved from delay to denial in refusing outright to disclose the recipients of taxpayer-funded loans.

Mnuchin told Congress at a hearing this week that the names of loan recipients and the amounts are “proprietary information.”

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2 comments:

  1. William ShermanSaturday, June 13, 2020 at 12:20:00 PM EDT

    Prime example of knee-jerk,panic legislation drafted by Congressional staffers rushed thru by Congress.

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    Replies
    1. LVCISaturday, June 13, 2020 at 12:48:00 PM EDT

      Definitely should have had a accountable transparent oversight board to disperse those funds. Not leave it up the the Treasury Dept. in of itself.

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