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Fed, Treasury chiefs face heat over uneven U.S. coronavirus response

Reuters India Tuesday, 19 May 2020 ()
Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday as U.S. lawmakers grilled them about the uneven nature of the fiscal response to the fallout from the coronavirus pandemic.
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Video credit: Reuters - Politics - Published
News video: Treasury, Fed heads grilled for coronavirus response

Treasury, Fed heads grilled for coronavirus response 02:47

Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell were in the hot seat Tuesday as they faced senators for the first time in a required update on the financial response to the coronavirus pandemic. Conway G. Gittens has more on the testy exchange.

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