There were pretty strong hints that Republicans were disinterested in continuing the CARES Act’s Federal Reserve lending facilities after it technically expires at the end of the year. The deadline could be extended, but Treasury would have to agree to the terms. And yesterday, Steve Mnuchin pulled the plug.
- June 2, 2020He's Running the Bailout and It’s Been Great for His Family.
- December 2, 2013The proposed regulations could dramatically limit how nonprofits spend money, but it’s not clear whether groups would comply.