Details of how these plans would work are unclear. Democrats stated the brand-new expense would provide Mnuchin and the Fed total discretion about how the cash would be dispersed, with little openness or oversight. They slammed the proposal as a "slush fund," which Mnuchin and Donald Trump might use to bail out preferred business. News outlets reported that the federal government would not even have to identify the help recipients for as much as six months. On Monday, Mnuchin pushed back, saying people had actually misinterpreted how the Treasury-Fed collaboration would work. He might have a point, but even in parts of the Fed there might not be much enthusiasm for his proposal.