US Politics in Trump era Public date: 12.07.2020 21:12:21

Publisher: Prospect

Author:

11 Jun 2020

Unsanitized: The Case of the Missing Bailout Oversight Panel Chair

So if we’re going to get much oversight, particularly of the bailout aspects of the CARES Act it’s probably going to come from the Congressional Oversight Commission, which specifically was charged with monitoring the Federal Reserve’s $4.5 trillion money cannon. There are supposed to be five members on the commission; one chosen by each leader in the House and Senate, and a fifth, the chair, chosen by mutual agreement between Nancy Pelosi and Mitch McConnell.
So if we’re going to get much oversight, particularly of the bailout aspects of the CARES Act it’s probably going to...

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