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BigOleDummy

(2,270 posts)
Sat Jun 6, 2020, 03:35 PM Jun 2020

This Treasury Official Is Running the Bailout. It's Been Great for His Family. [View all]

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin have become the public faces of the $3 trillion federal coronavirus bailout. Behind the scenes, however, the Treasury’s responsibilities have fallen largely to the 42-year-old deputy secretary, Justin Muzinich.

A major beneficiary of that bailout so far: Muzinich & Co., the asset manager founded by his father where Justin served as president before joining the administration. He reported owning a stake worth at least $60 million when he entered government in 2017.

[link:https://www.propublica.org/article/this-treasury-official-is-running-the-bailout-its-been-great-for-his-family?utm_source=pocket-newtab|

Not 100% sure this is the correct place to post this. But more graft and sleaze from this administration..... starting to just seem like another day. What is wrong with us as a nation that a good third of us, if not more, are o.k. with this kind of thing?

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