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Warren presses Mnuchin on penalties for not protecting jobs



Sen. Elizabeth Warren (D-MA) asked Treasury Secretary Steven Mnuchin why some businesses that are getting federal funding are not required to keep their workers employed.
Congress gave Treasury the authority to dole out $500 billion to shore up mid-sized and large corporations. But unlike the Payroll Protection Program and other small-business lending facilities, which forgive loans when businesses keep employees on their payroll, Treasury did not stipulate anything about big businesses having to do the same.

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