Coronavirus relief funds clawed back from Fed put out of Yellen’s reach
President-elect Joe Biden has chosen former Federal Reserve Chairperson Janet Yellen to be his Treasury secretary, and current Treasury secretary Steven Mnuchin wants to put the rest of the coronavirus relief funds just out of her reach. Mnuchin pulled the plug on $455 billion in unused coronavirus relief funds, clawing it back from the Fed, and Yellen could be expecting to put that money to use when she takes office.Q3 2020 hedge fund letters, conferences and moreCoronavirus relief funds put out of Yellen's reachThe coronavirus funds were earmarked for pandemic-related lending programs under ...