Business

Cares Act tax breaks for wealthy retirees, Mnuchin curbing Fed lending powers and other business turkeys

Though Mnuchin also asked the Fed to return hundreds of billions of dollars in unspent Cares Act money, Treasury alone does not hold that power.
Source: https://www.washingtonpost.com/business/2020/11/24/cares-act-tax-breaks-mnuchin-fed/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business

Cares Act tax breaks and the decision by Treasury Secretary Mnuchin to cut off several Federal Reserve emergency aid programs were misguided.
Source: https://www.washingtonpost.com/business/2020/11/19/emergency-lending-programs-fed-treasury/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business

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