Trump Treasury Secretary Plots Massive Oil Industry Bailout

Treasury Secretary Steven Mnuchin is plotting to give billions in taxpayer aid to giant oil companies.

“A plan being weighed by Treasury Secretary Steven Mnuchin to steer financial aid to beleaguered oil drillers could set up a clash with Democrats who have warned against any bailout for the industry.

Mnuchin said he is considering a lending program for the companies that are seeking aid as they cope with a devastating plunge in prices.” [READ MORE]