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The Paycheck Protection Program, which opened on April 3, has been plagued with delays and technical difficulties. Republicans and Democrats agree on adding more funding, but they disagree on how.
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Mnuchin will be key to President Trump's tax-overhaul policy. His former ties to Wall Street have Democrats accusing the president of breaking a promise to hold big banks accountable for abuses.
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During the financial crisis Steve Mnuchin was working to make profits from the ruins of the housing bust. He assembled investors who bought IndyMac, a failed bank that had been taken over by the FDIC.