This is exactly what I've been saying, and it's why I wrote to the Federal Reserve and last week to get answers. If they don't need this money, the American people should get it back. americanbanker.com/news/is-fed-ta
11
283
984
Conversation
Here's my letter from last week in case you missed it:
Quote Tweet
In March, the Administration insisted on a $500B slush fund for the largest corporations. Over a month later, $454B appears to remain unspent.
So is this money not needed or are those who need help not getting it? I’m pressing @stevenmnuchin1 and the @federalreserve to find out.
Replying to
They are holding out for the best kickbacks or favors they can get for the funds.
Replying to
I was worried that this could slush fund could lead to a derivative market using relief money as backing. Maybe the money is tied up in investments rather than people.
Thanku for your continued devotion to calling people out for corrupt behavior. I would vote for you.
1
Replying to
Will Trump and mob team take it? Minuchin seems to use treasury as his account.
Replying to
they are so corrupt. thank you. I really admire you and that bit on Samantha bee was hilarious.
Replying to
Congress should re-appropriate $50B towards the Testing/Tracing plan from Slavitt/Gottleib/etc. It puts money in the hands of real people and corps, while stopping COVID aei.org/articles/bipar