fbpx

Biden Team Faults Mnuchin for Letting Fed Aid Programs Lapse

Biden Team Faults Mnuchin for Letting Fed Aid Programs Lapse

WASHINGTON—President-elect Joe Biden’s transition team sharply criticized Treasury Secretary Steven Mnuchin’s decision to allow funding for several em

Merck to Buy OncoImmune for $425 Million Amid Race for Covid-19 Treatments
New York City Restaurants Limp Their Way Out of 2020
Will There Be a Second Stimulus Check Before Year’s End?

WASHINGTON—President-elect Joe Biden’s transition team sharply criticized Treasury Secretary Steven Mnuchin’s decision to allow funding for several emergency Federal Reserve lending programs to expire, escalating a political fight.

“The Treasury Department’s attempt to prematurely end support that could be used for small businesses across the country when they are facing the prospect of new shutdowns is deeply irresponsible,” said Kate Bedingfield, a Biden spokeswoman, in a statement Friday.

The…

This post first appeared on wsj.com

Do You Enjoy This Article?
Sign up for our newsletter and receive FREE access to download SuccessDigest Digital Weekly Edition for attainment of your financial freedom in the new digital economy!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

COMMENTS

WORDPRESS: 0
DISQUS: 0
%d bloggers like this: