Sen. 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
The money should be for those that need it most. 😢
Ian Burt Gold standard? Then why have they been completely wrong about everything regarding this virus? Lol they said it wasn’t even as bad as the flu and not to wear masks back in January. You’re believing morons.
@Severin Slightly The CDC never said any such thing. Trump did. The CDC and intelligence agency’s have been briefing Trump since early January, he chose to ignore them. Likewise the WHO offered Proven Tests to us in early Jan. and warned of the need to begin national testing, we declined their offer, and advice.
Ian Burt Lol of course they did. https://www.google.com/amp/s/amp.cnn.com/cnn/2020/03/30/world/coronavirus-who-masks-recommendation-trnd/index.html
Ian Burt https://www.google.com/amp/s/amp.usatoday.com/amp/4632508002
Ian Burt You’re brainwashed lol
He’s a dbag! Mnuchin pocketed that money in a Russian account…haha.
@Uncle Ed You’re a hoax!
@joe guirey u need prayer sir. You’re following the wrong king.
@Mueller Time ….Remember when Mueller said Donny lied under oath ? It was on TV.
On topic…
Remember when they didn’t put any provisions in their tax plan and nobody reinvested any of it. Remember when they needed a sustained 5% growth to break even ?
Remember when they all had a sore back from patting themselves ?. OK, that is everyday…
There will be a refresher tomorrow.
See,, its not that hard to make accurate predictions.
@One divbypi Lisa page said to Obama that trump was a Russian asset .but turned out to be more like a hoax 😂
Let me just clarify what mnuchin said
No, we will not help Americans
fake account
I don’t care if she’s 0% or 100%, she’s 110% smarter than Trump!
Of course so is a snake, but Trump is more slimy!
Democracy is a lie
@AMERICAN PATRIOT so where is the other 2.5 trillion of the bill going, only 500 billion is going to the people correct, but the Republicans are holding it up because of the other 2.5 trillion and where it goes.
Do you know where it goes?
If you are going to make a point, at least talk about the whole subject.
Manny Gomez JR That’s Republicans.
@DOE John have your tissue ready to wipe those tears again like 2016 trump will beat Biden in 2020 🐾
The coming ordinary everyday working people who’s on the low rung of the most undesired jobs to Republicans and Corporate America you mean nothing nothing to them you are considered throw away people😉
@lima leaf frog exactly
@Rodney Williams wouldn’t this have turned out much better if we would have had a President Who listens not that hard headed man that thinks he knows everything in office😬
@Mueller Time not only is Trump ending welfare he also is ending life in America as we used to know it anybody but Trump 2020
@Darrell Smith rodney is trying to “both sides” this
(it’s an _incredibly_ popular propaganda bs lie in last couple days)
@Rodney Williams “welfare”
lol
(y’all are hilariously ignorant. I mean not “ha ha” hilarious – more like “how do you maintain employment if you’re this purposely obtuse IRL” hilarious.)
Mnuchin is a crook. Mnuchin went in after the CARES agreement was made and changed the details.
Montana knows nothing.
Companies that don’t pay fed Inc tax shouldn’t get a bailout
Many big companies used their liquidity to by own stock.
And they want bailout package, crazy. It’s almost I used all of my money to buy stocks and declare bankruptcy because I don’t have any cash money longer now
@Some Person obviously your gloating about politics… I am tryig to be neutral about this and talk about how things are beyond petty politics…. You can’t see beyond being democrat and not supporting opposing views… Monetary policy and fiscal policy are king right now. Corporation are going belly up as are Americans individually because we all drank the Kool aid and didnt save (most some are doing very well). No politics, but facts… I dont care about Trump
@Charles L Jones They only need bailouts because they got greedy with their first 3 trillion, misused it and know they actually owe, all in the span of about 2 months mind you.
Big banks should have at least 15% cash money to be used when the marked going south.
Many banks abroad have this law just to always have aleast 15 % cash ability
@Willy S It’s worse then that! They used their new found wealth to to leverage loans so they could buy more stock then they could afford on their own. Then when the stock market went down they make any money to pay their interest on their loans, and were facing forfeiture, that’s why they were so desperate for their bailout. They gambled lost and want us to come to the rescue so they can get back to gambling. They have an addiction, greed, and we are their enablers.
If that happens and those companies do not take responsibility or violate the rules, then Mnuchin, YOU will be held responsible! Believe it, prison will be waiting for you.
Terry Wolf prison is not the only punishment he should suffer he should have to repay the money along with those companies
@MAE Gary AGREED!
Except Mnuchin and the rest of the crooks in this administration will get away with everything. The Senate is a useless, spineless group, and the courts have been loaded with yes men who will turn a blind eye to everything. It disgusts me to say it, but I honestly can’t see anyone being held accountable.
@Slutty McTits Remember, there’s about to be a new administration in office very soon.
The foreclosure king in charge of all this money
What a disgusting worm is Mnuchin – fits right in with the rest of the fascists … 5 Benitos to him for this non-performance.
@Matthew White Dems didn’t put him in charge — Trump did, when he appointed Mnuchin.
Absolutely right
Wow, what a great idea, give them Benitos! Hope that someone in the press picks your comment up!
@Tessmage Tessera I love that Trump supporters hear someone was hired by Obama and it’s immediately Obama’s fault, but when someone was hired by Trump it’s still the dems fault. Transparent hypocrites every last one of them.😂😂😂
What a fawl individual munchkin head.
Sen. Warren just handed Mnuchin his posterior on a silver platter. Munchkin might as well have admitted he’s shoving PPP funds out the back door and into his buddies’ bank accounts.
Check out “Quarantine Life ” channel. Article on profiteering off COVID. These people are pure sh#t.
Warren would help balance Biden if she is VP.
@Cyndie Traylor
I would not be mad if she were VP. That’s one smart cookie.
Both Mnuchin & Kushner have been busy shovelling money from out of the US Treasury, into Trump,Kushner,McConnell &Mnuchin bank accounts.
The best part of this nefarious crime, is that the rest of the Republicans, will be left holding the bag.
Because of their collusion & conspiracy, with the guilty parties, they will be the ones going to prison.
If they turn evidence, a suspended sentence & no time in the Crowbar Hotel & they would be heroes, somewhat.
Want to still support Trump???
Kiss your spouse, your kids, grandkids, your home & your Federal Pension, that you worked so hard & campaigned for & raised money for, will be gone too.
You gotta ask yourself this, ” Was that bastard Trump worth throwing your whole life, your freedom,your reputation, your family, your friends, your country away for? WAS IT, FOOL?
Jellyfish Mnuchin has a trophy wife to support.
Mnuchin is very wealthy. But has been proven the more you have, the more you want.
@Charles L Jones Gary Cohn resignd from Trump admin. Trump wouldn’t listen to him when he advised Trump on the Chinese Tarrifs. Which have hurt us more then the Chinese. But Wilbur Ross is a total waste of space. Mnuchin made a lot of money on forclosures during the housing melt down.
@Charles L Jones I don’t think Cohn worked for Wells Fargo. I think it was Goldman Sachs.
@Mueller Time guess you should have listened to the 2 investigatev reporters who interviewed, on the record, 74 former Senate aides who worked in the Senate when Tara did. Lisa dejardin, and I think Dan Bush. P.B.S. Newshour last Friday. I think it was Friday. This quarantine has my days mixed up . Not what they said though. I wrote it down. Tara has some explaining to do. She wouldn’t go on P.B.S. to tell her tale of woe. Now people she worked for in the past are talking about her. Not good.
@Jamtommy1 never happened. Her story is falling apart.
why doesn’t this weasel save everyone time and just say ‘i dont want to answer that’
Because he thinks you’re stupid and he thinks he’s fooling you. Why else..?
Tessmage Tessera: Truth. Before any Trump official answers a question, I wanna say to myself “okay, let’s see how stupid you think the American people are”.
E Warren, should be VP and then turn her loose on these corporate Blood sucker’s because she knows them and they know her. Get in his Ash Elizabeth! Now pay attention Mooch!
2,000 Americans are still dying everyday from this virus alone. What a sad thing. Someone needs to step in and liberate/help them before it’s too late.
Not only are you bad at gaming your bad at statistics.
2000 people are not dying every day.
CDC website data for the last week in total was 420.
Go do some research seriously
@Alan aka FANG so you’re saying that all the other sources such as John Hopkins University are lying?
@Nicholas R. Please provide me a link showing the daily death count is currently 2000 a day Nicholas.
I don’t see that anywhere, and to answer your question, I don’t trust any of these people, but regardless, I am happy to be shown where someone is saying it’s 2000 a day and the total is 90 thousand.
That’s not what the CDC website data says.
Senator Warren, this person does not care about the workers or the small businesses. This person only cares about Republican Donors and Trump’s golf buddies. That is what this person means by MAGA.
@Lawrence Harris GIVE THE RICH MORE MONEY!! MAGA!!!!!
@fake account Even if any of that was true, it’s irrelevant to this topic.
@Lawrence Harris If those business can’t support themselves they should fail. That is how capitalism works. When those business’s fail it provides an opportunity for new business to emerge. New business must then improve on the old business model (better wages,benefits, service) to avoid failing themselves, this is how we progress in a capitalist society. Our current way is not capitalism, it socialism for corporations and capitolism for us, this imbalance is unsustainable.
@Zed Dead You do the policy, I’ll do the politics.
We have been paying taxes for so many years, and it is our money that we should get back when we need it!!!
@J P You completely missed the point. Whatever you want it call it, it has value because it is traded. That value belongs to the public not the government, and certainly not to corporations.
Nothing will changed. American’s will continue to pay higher taxes like slave! And also why we don’t have the best healthcare because the U.S government don’t want to better Americans!
It’s not quite that simple brainiac.
“Why was” you so ignorant?
@24james It most certainly is.
Q: Why are Wall Street Elites so interested in going into space?
A: Because Guillotines need gravity to work.
Lol love historical reference in jokes
How many Republicans does it take to change a lightbulb?
None. The dim, low-watt,
soft-white will screw
ITSELF every time!
I love Elizabeth Warren. I miss her and wish she was still in the race.
So you love LIARS remember she is an American Indian.
Don’t need to say anything else.
Trumps VOTERS will smash the democrats even bigger than last time.
Suffer in your jocks baby.
Me too! I was actually stoked to vote for her.. until I saw how she polled in swing states =/. But I really really hope she is VP. I kinda doubt it, but I hope so.
@Deborah Gray Why not secretary of the treasury?
@Ogmios Danite Cool glass house you got there.
Don’t change the subject, and if you got any rocks please throw them.
So you think she is OK I assume.
Double standard or what.
Socialism for the 1%
Totalitarianism for the masses.
Aka capitalism sister
It’s capitalism when they keep the wages low.
It’s socialism when they go bankrupt.
They taught that Tulsi Gabbert was also a Russian asset like trump😂
@fake account you gotta be in 1% or a p*ssy dumb*ss to defend giving away taxpayers money to corporations who pay no taxes. Come on! Red or Blue, let’s get real here!
@Max V well hunter Biden was getting paid well in Ukraine how did he get that job again?
“Use their best efforts”. What a joke. This is a giveaway to the wealthy once again.