Democrats, Trump set to battle
over implementing $2T relief bill

President Trump and Democrats are jockeying over management of massive
direct lending and credit program with more than $4 trillion at its disposal.

Trump and Pelosi ANger

By Alexander Bolton

The $2 trillion coronavirus relief package is setting up a new battle over implementation between the Trump administration and congressional Democrats likely to reverberate into the election.

President Trump and Democratic leaders are already jockeying over the management of a massive direct lending and credit facility program that Treasury Secretary Steven Mnuchin will run with the Federal Reserve. It will have more than $4 trillion at its disposal.

Democrats on Monday hailed the appointment of Department of Defense acting Inspector General Glenn Fine to oversee lending under the Coronavirus Aid, Relief and Economic Security (CARES) Act.

Senate Minority Leader Charles Schumer (D-N.Y.) praised Fine’s “good reputation as a tough federal prosecutor” and former Department of Justice inspector general.... Full Article - Alexander Bolton - The Hill