In a rare split with the Federal Reserve, Treasury Secretary Mnuchin said he would not extend key Fed emergency lending programs past their Dec. 31 expiration, arguing the programs had achieved their objective, and the money could be better used elsewhere.https://www.wsj.com/articles/mnuchin-declines-to-extend-to-several-fed-emergency-lending-programs-11605821608 …
He is actually correct as much as I hate him. A loan is but a burden for a struggling business. Rent forbearance is the same. Grants and straight up free cash is what businesses and consumers need.