Warren presses Mnuchin on penalties for not protecting jobs
May 19, 2020
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8:36Now PlayingWarren presses Mnuchin on penalties for not protecting jobs
YouTube Description
as posted by the channelSen. Elizabeth Warren (D-MA) asked Treasury Secretary Steven Mnuchin why some businesses that are getting federal funding are not required to keep their workers employed.
Congress gave Treasury the authority to dole out $500 billion to shore up mid-sized and large corporations. But unlike the Payroll Protection Program and other small-business lending facilities, which forgive loans when businesses keep employees on their payroll, Treasury did not stipulate anything about big businesses having to do the same.
#Warren #CNN #News
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