Information of how these schemes would work are vague. Democrats stated the new costs would offer Mnuchin and the Fed total discretion about how the cash would be distributed, with little openness or oversight. They slammed the proposal as a "slush fund," which Mnuchin and Donald Trump could use to bail out preferred business. News outlets reported that the federal government wouldn't even need to recognize the help receivers for approximately 6 months. On Monday, Mnuchin pressed back, stating people had misunderstood how the Treasury-Fed partnership would work. He may have a point, however even in parts of the Fed there may not be much interest for his proposition.