A Democratic aide said that the GOP had left out of a final draft a provision that would force the Treasury Department and Federal Reserve to publish weekly the names of the companies and others financed through the $500 billion loan program established in the legislation.
“Without this language, this information could have been kept secret from public,” the aide said.
Bill was delayed until the provision was added back in at Schumer’s request - and a new draft was sent around to Hill offices. The two sides had previously agreed to the language
Bill was delayed until the provision was added back in at Schumer’s request - and a new draft was sent around to Hill offices. The two sides had previously agreed to the language
A GOP source involved in the deliberations confirmed this characterization.
Source familiar says this was a drafting mistake, wasn’t an intentional omission since both sides had agreed to it. And this, of course, can happen when such a massive piece of legislation is being rushed through Congress
