“Final text of the bill has not been released, but according to a legislative draft, the new law would establish a $4.5 trillion corporate bailout fund overseen by Treasury Secretary Steve Mnuchin, with few substantive constraints. Some outlets are reporting this as a $500 billion fund, but $425 billion of that can be leveraged 10 times over by the Federal Reserve, resulting in a multi-trillion-dollar program.”

I’ve got my facts straight, so kindly fuck off? Thanks :)

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Lauren is a writer & leftist with analysis on topics related to politics & policy. She can be reached at LaurenMartinchek@gmail.com or Twitter @xlauren_mx

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