Mnuchin move to end some Fed emergency loan programs

Automatic TRANSCRIPT

Secretary is pulling the plug on some of the few remaining coronavirus relief programs Secretary Steven Mnuchin ended several emergency loan programs being run by the Federal Reserve to help prop up the economy as Corona virus infections. Spike. Critics say this is a political move. Private economists argue munitions decision to end five of the emergency loan facilities represents an economic risk to the country. Mnuchin says he's not trying to hinder anything. He says Congress could make better use of the funding by reallocating it in another direction. Congress remains deadlocked on providing any more coronavirus support measures. Jackie Quinn,

Coming up next