Coronavirus-Response Bill Isn’t a Corporate Bailout, Says Mnuchin - News Summed Up

Coronavirus-Response Bill Isn’t a Corporate Bailout, Says Mnuchin


WASHINGTON—U.S. Treasury Secretary Steven Mnuchin on Monday said a coronavirus-response bill he is negotiating with Congress doesn’t amount to a corporate bailout, pushing back against Democratic criticism. The bill would provide $425 billion for the Treasury’s Exchange Stabilization Fund, an obscure pot of money that the Treasury has used...


Source: Wall Street Journal March 23, 2020 13:47 UTC



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