Mnuchin now locking down the spigot to prevent any future stimulus once Trump leaves office

[Nevilledog]

Link to tweet

Tweet text:
Josh Marshall
@joshtpm
Mnuchin now locking down the spigot to prevent any future stimulus once Trump leaves office
Steven Mnuchin, the Treasury secretary, at the White House in October. He said he would not extend emergency loan programs that are set to expire at the end of the year.
Mnuchin to End Key Fed Emergency Programs, Limiting Biden
The Treasury Department asked the Federal Reserve to return unused funds, downsizing the next secretary’s ability to restart the economic support.
nytimes.com

[soothsayer]

1. That creep will soon be history

[2naSalit]

3. Fucker's going to go to prison.

[soothsayer]

6. Ooh I hope so! But say why?

[lagomorph777]

9. Blocking Congress' subpoena of Trump's tax returns; in violation of Federal law.

[soothsayer]

16. Ah very good

[2naSalit]

14. There will be multiple counts of...

Conspiracy among other crimes and I expect on hell of a RICO case to begin in late January. And that RICO case will likely include at least a third of Congress as I expected three years ago. And I expect everyone in the current Executive branch to be included.

[beachbumbob]

2. as expected. Inflict maximum pain on America

[RAB910]

4. Evil to the end, but that does indicate that Trump knows he lost

[BComplex]

5. Can't we still prosecute him for failing to hand over trump's tax returns under the law?

This man needs to be taken to the shed and taught what-for.

[lagomorph777]

11. Definitely.

[dalton99a]

7. There must be consequences for these murderous criminals.

[Iliyah]

8. I'm pretty sure there are ways around it . .

although it is hard to picture a prior Treasury Secretary being able to do that to a incoming administration.

[lagomorph777]

12. Anything Munchkin can do, Pres. Biden's Treasury Secretary can undo.

[dsc]

17. that isn't necessarily the case

here money that has been budgeted by Congress is being given back so there will be no money to spend without further Congressional action.

[BannonsLiver]

20. Meh

There’s always a workaround. Don’t buy into the doom hype.

[Maru Kitteh]

10. That fucker can drop REALLY dead, too.

He has a face most in need of a cricket bat.

[spooky3]

13. Fed Reserve should simply ignore Mnuchin. How can he

force them, after all the times that Trumpers have used that tactic?

[mopinko]

15. he cant. you are correct.

hopefully they see the light.

[Kid Berwyn]

18. The pornographer?

[BGBD]

19. He doesn't have any power

Over what the Biden Administration and the next Treasury Sec does. If he can unilaterally end a program then Biden can unilaterally restart it 3 weeks later.

[panader0]

21. Can't the Fed refuse?

[mopinko]

22. pelosi presser addressing this on now.

[Arthur_Frain]

23. Fiscal year doesn't end 12/31 though, does it?

If I understand the gist of this article, returning funds is designed to screw up the numbers in the “baselining” concept.

Seems to me that the calendar year and fiscal year don’t synchronize. If I recall, the fiscal year winds up in October for the government doesn’t it?

[Blue Owl]

24. I'd like to see

A giant, cement-filled boxing glove punch that smug prick right in his smirking face