Mnuchin fails the test on PPP loans

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This week marks 50 days since Congress passed and President Trump signed the landmark CARES Act, the largest health and economic mobilization bill in the nation’s history. The White House negotiator and main GOP lead on the bill and its implementation has been Treasury Secretary Steven Mnuchin. Now that we have had some time to see how the CARES Act has done, it’s not too early to give Mnuchin some midterm marks.

Unfortunately, you’d have to grade the Treasury Secretary very poorly on a number of fronts. A “gentleman’s C” might be overly generous.

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