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Old  Default D.Trump Could Secretly Control $500 Billion Corporate ‘Slush Fund’ Under Proposed Covid-19 Bailout
03/22/20

Treasury Secretary Steve Mnuchin wants provision to keep massive loans to companies private for at least six months, allowing the government to bail out Trump's own businesses.

DREW ANGERER / GETTY IMAGES

Minutes before a vote on a massive, $1.8 trillion coronavirus relief bill, which had been scheduled for 3 p.m. EDT in the United States Senate, Republican Majority Leader Mitch McConnell postponed the vote until later in the day. The postponement was caused in part by Democratic objections to a provision of the bill that set aside $500 billion in what they call a Donald Trump administration “slush fund” for big businesses and corporations, according to a report by The Washington Post.

The bill could give Trump secret control over the $500 billion “slush fund” because the government is not required to reveal who receives the money, Democrats say.

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