Senate Republicans’ corporate rescue looks more like a “slush fund,” say Democrats

This weekend the goal of the US Congress has been to get a bipartisan economic rescue moving forward before the stock markets open Monday. Achieving that goal now looks less likely as lawmakers and the White House spar over restrictions on a $500 billion fund that will be used to rescue businesses in danger of failure due to coronavirus-related losses. Mnuchin can waive provisions that prevent companies from using funds to buy their own stock, and Democratic senators say there aren’t real requirements that businesses keep workers employed, provide them paid leave, or limit pay and bonuses to management.