Details of how these schemes would work are unclear. Democrats stated the new bill would offer Mnuchin and the Fed total discretion about how the money would be distributed, with little openness or oversight. They slammed the proposition as a "slush fund," which Mnuchin and Donald Trump might use to bail out preferred companies. News outlets reported that the federal government wouldn't even have to identify the help recipients for approximately six months. On Monday, Mnuchin pressed back, saying individuals had actually misinterpreted how the Treasury-Fed collaboration would work. He may have a point, however even in parts of the Fed there may not be much interest for his proposal.