Virus relief bill would let Steve Mnuchin hand out $500 billion 'slush fund' to secret recipients: report
U.S. National Economic Director Gary Cohn (L) and Treasury Secretary Steven Mnuchin end their breifing after unveiling the Trump administration's tax reform proposal in the White House briefing room in Washington, U.S, April 26, 2017. REUTERS/Kevin Lamarque

The White House on Sunday reportedly refused to back down from its demand that a coronavirus relief package include $500 billion, which would be provided to corporations at the discretion of Treasury Secretary Steve Mnuchin.


PBS News Hour correspondent Meredith Lee reported on Sunday that the White House was standing firm on the proposal after some Democrats called it a "slush fund."

A Democratic source told Igor Bobic that the bill would permit the Treasury secretary to withhold the names of corporate recipients for up to six months.

"Millions may now lose their jobs," Sen. Elizabeth Warren wrote on Twitter. "And Trump wants our response to be a half-trillion dollar slush fund to boost favored companies and corporate executives – while they continue to pull down huge paychecks and fire their workers."

Read some of the tweets below.