Fed, Treasury chiefs face heat over uneven U.S. coronavirus response
Powell and Mnuchin were testifying to the Senate Banking Committee as Congress considers whether to roll out trillions of dollars of additional aid to bolster an economy that was brought to a virtual standstill by lockdowns imposed in March and April.
The Trump administration has been criticized for initially downplaying the pandemic, which has now killed more than 90,000 Americans, and not ensuring that enough medical supplies were in place to battle the virus.
Essential workers “put their lives on the line for very low wages, and they’re still worried about paying their bills. Is that fair?,” Sherrod Brown, a Democratic senator from Ohio, asked Mnuchin.
When Mnuchin started to thank “all the essential workers,” Brown interrupted him. “Thanking is great, but is it fair our economy pays the essential workers so little in such work conditions?”
https://www.msn.com/en-us/money/markets/fed-treasury-chiefs-face-heat-over-uneven-us-coronavirus-response/ar-BB14hwkQ
Won't someone think of the poor billionaires?
