Word from DC: the final details of the Congress' coronavirus bailout pkg WERE worked out by Schumer & Mnuchin in the 'wee hours' of this morning. Schumer @ 12:20am: “There were some serious problems with the bill leader McConnell laid down. Huge amounts of corporate bailout
2-"funds without restrictions or without oversight -- you wouldn’t even know who is getting the money. Not enough money for hospitals, nurses, [personal protective equipment], masks -- all the health care needs. No money for state and local government, many of whom would go broke
3-"Many other things..So we're working hard to make them better, and we are making progress. We’re getting closer and closer. And I’m very hopeful, is how I’d put it, that we can get a bill in the morning.” #MondayMorning
3a-It's not yet completely done, but this is encouraging info. They SHOULD get it done today.. remember that Mnuchin is a former Dem, but that the Markets are his primary concern-and word is the Markets won't do well again today. #MondayMorning
