Mnuchin Asks For $455B In Unused COVID-19 Emergency Funds To Be Return To The Treasury

The Washington Examiner
Treasury Secretary Steven Mnuchin requested the Federal Reserve return almost half a trillion dollars in unused funds and eliminate five emergency COVID-19 relief facilities established under the CARES Act. He asked that excess funds established by the act be given back so Congress could “re-appropriate” them. “I am requesting that the Federal Reserve return the unused funds to the Treasury,”