Warren Says She Will Watch Over Corporations Loans 'Carefully'

Video Credit: Wochit
Published on March 31, 2020 - Duration: 00:32s

Warren Says She Will Watch Over Corporations Loans 'Carefully'

Sen.

Elizabeth Warren wants corporations getting money from the stimulus package to use it responsibly.

She wrote a letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell.

In it Warren pressed them to use their power to assure corporations donโ€™t abuse the money.

She urged Mnuchin to not give money to companies with a history of โ€œfinancial mismanagement or lawbreaking.โ€ According to Business Insider, Warren told both of them she would โ€œbe watching carefullyโ€ over the funds.


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