Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will need authorization from Congress to use…
The move will leave Yellen — selected by President-elect Joe Biden as his nominee for treasury secretary — with just under $80 billion available in the Treasury’s Exchange Stabilization Fund, a pot of money that can be used with some discretion by the Treasury chief.
“No, Mr. Bond, I expect you to die.”
Or maybe it’s, “No Ms. Yellen, I expect you to fail.”
The 4th Reich is determined to kill citizens and wreck the country on their way out the door, as a eff-you for not re-electing us. Removing that money also means that it is unlikely that Nancy Smash will get the funding she’s asking for as the legislation called for repatriating the unused funds into the new request.