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The Fed Criticizes Treasury Department's Decision To End Emergency Lending Programs

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An unusual tug of war between the Treasury Department and the Federal Reserve could leave businesses in the lurch amid a new round of coronavirus restrictions and closures.

Treasury Secretary Steven Mnuchin sent a letter Thursday asking the Fed to return unspent money allocated under the first relief package for emergency lending programs.

Here & Now's Tonya Mosley speaks with Ali Velshi, MSNBC anchor and economics correspondent.

This segment aired on November 20, 2020.

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