Congress has appointed just one person to oversee the $2.2 trillion stimulus. That person has no staff, office, or colleagues. He communicates with the public solely by his Twitter account.
His name is Bharat Ramamurti, and he just got his blue tick.
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His name is Bharat Ramamurti, and he just got his blue tick.
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Ramamurti, a former Warren staffer, is the sole member of the Congressional Oversight Commission. He also oversees the Main Street Lending Facility, which offers federal loans to businesses with fewer than 10k employees/$2.5B in revenues.
bloomberg.com/news/articles/…
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bloomberg.com/news/articles/…
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He must prepare and release a report on the stimulus spending within 30 days. The other committee positions remain vacant because Nancy Pelosi Kevin McCarthy and Mitch McConnell have failed to make their appointments, and Pelosi and McConnell have not jointly chosen a chair.
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Meanwhile, Ramamurti is diligently trying to prepare his report by tweeting questions to Congress, asking how the money is being spent.
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Ramamurti doesn't even have an Inspector General to backstop his work because...Trump fired the IG, Glenn A. Fine.
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Lest you think this is unique to late-stage grifterism's approach to handing out massive checks to plutes, recall the situation when Obama appointed the (now disgraced sexual predator) Eric Schneiderman to hand out billions in the 2012 National Mortgage Settlement.
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Schneiderman was given no staff or office - not even a desk. While laboring in obscurity, Schneiderman handed out get-out-of-jail-free cards to bankers who were preying on 12m homeowners who were in $700b in debt.
nakedcapitalism.com/2012/09/yes-re…
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nakedcapitalism.com/2012/09/yes-re…
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At least Ramamurti is genuinely committed to ensuring that trillions are not used to line the pockets of the super-rich while leaving the rest of us to starve. Pity he doesn't even have a single person to help him.
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