Trump, Mnuchin Call For GM To Pay Back Federal Bailout

Wednesday, November 28, 2018
By Paul Martin

by Tyler Durden
Wed, 11/28/2018

Update: Apparently, Mnuchin is regretting giving his twitter username and password to his aides at Treasury and/or his wife.

After retweeting a tweet from a Trump fan account Wednesday morning, Mnuchin has deleted the retweet and would like the world to know that this wasn’t an “authorized” tweeting.

The tweet was retweeted from Mnuchin’s account this morning, but the original was sent last night, which probably accounts for the incorrect timing given in the Treasury Secretary’s follow up.

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President Trump made his frustration with GM abundantly clear on Tuesday when he threatened to cut all EV subsidies to the Detroit carmaker. But on Wednesday both the president, this time joined by Treasury Secretary Steven Mnuchin, took the administration’s attacks on GM to their next logical endpoint: Demanding that the federal bailout recipient return the $11.2 billion loss eaten by taxpayers from the federal bailout that the company received during the depths of the financial crisis.

The Rest…HERE

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