Mnuchin “I Unfortunately Think There’s Not Much More We Can Do”

  • Mnuchin said Tuesday the Administration didn’t anticipate further changes to ease access to loan programs it had established with the Federal Reserve to alleviate the fallout from the pandemic-induced recession.
  • The Treasury secretary indicated he didn’t see a need to use the remaining $259 billion after Congress authorized $454 billion in March.
  • The Treasury secretary suggests repurposing $200 billion in loan support for new unspecified spending programs.

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