Congressional Oversight Commission Hearing on CARES Act
2020-12-10T18:55:18-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNjBiXC8yMDIwMTIxMDEwMTA1MzAxNF9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Treasury Secretary Steven Mnuchin testified before the Congressional Oversight Commission on coronavirus pandemic economic relief loans. Secretary Mnuchin discussed his agency’s efforts to implement the National Security Loan Program, a CARES Act provision that provides up to $17 billion in loans to businesses “critical to maintaining national security.” In addition, members asked about the Treasury Department’s decision to issue a $700 million loan to shipping company YRC Worldwide.
Treasury Secretary Steven Mnuchin testified before the Congressional Oversight Commission on coronavirus pandemic economic relief loans. Sec… read more
Treasury Secretary Steven Mnuchin testified before the Congressional Oversight Commission on coronavirus pandemic economic relief loans. Secretary Mnuchin discussed his agency’s efforts to implement the National Security Loan Program, a CARES Act provision that provides up to $17 billion in loans to businesses “critical to maintaining national security.” In addition, members asked about the Treasury Department’s decision to issue a $700 million loan to shipping company YRC Worldwide. close
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