Sum Nerve

“Three new oversight bodies are barely functional: A special inspector general was only recently sworn in, a congressional panel still lacks a chairman and staff, and President Donald Trump quickly removed the official who was going to lead a separate accountability committee. At the same time, about $2 trillion in stimulus money has already been distributed.” Trillions in Stimulus Go Unchecked With Watchdogs Kept Toothless.

+ Judd Legum: “The $500 billion black box. Treasury Secretary Steve Mnuchin said in a hearing earlier this month that the administration will not release the ‘names and amounts of specific PPP loans’ because it is ‘proprietary information’ and ‘confidential.'” (Proprietary? Confidential? It’s our damn money.)

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