Why the Treasury wants its money back – Marketplace

Treasury Secretary Steven Mnuchin advised the Federal Reserve Thursday that he desires his a refund. Effectively, not his cash, however relatively $455 billion from the CARES Act. The cash supported a couple of half a dozen Fed applications that stabilized credit score markets. On at the moment’s present: a take a look at what the Fed was utilizing that cash for, and what it may nonetheless do because the pandemic rages on. Later: California has new office security guidelines, and residential births are on the rise throughout COVID-19.


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