Mnuchin says he will quit next US administration a ‘bazooka’ after Fed loan funds clawed back
[ad_1] By David Lawder, Andrea Shalal WASHINGTON (Reuters) – US Treasury Secretary Steven Mnuchin on Friday fended off criticism of his decision to de-finance several Federal Reserve coronavirus loan programs on December 31, saying the next administration would still have a ‘bazooka’ of 800 billion dollars to suppress the financial distress of the market. Mnuchin … Read more