Congressional Oversight Panel Member says that requirements for business aid are exactly backward

https://rooseveltinstitute.org/governments-misplaced-trust-in-big-business-cares-act/

 

Bharat Ramamurti represents the Senate Democrats on the COP. He writes that the bigger the business, the fewer accountability requirements imposed by the CARES Act. But the U.S. Treasury Secretary and the Federal Reserve Board can remedy this problem with rulemaking.

 

Charlie Cooper