Mnuchin clawback of Fed funds ‘deeply irresponsible,’ Biden team says

U.S. Treasury Secretary Steven Mnuchin’s decision to de-fund several Federal Reserve coronavirus lending programs on Dec. 31 is “deeply irresponsible,” President-elect Joe Biden’s transition team said on Friday, and threatens to undermine the country’s fragile economic state. Ending support for Fed programs that “could be used for small businesses across the country when they are […]

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