Filed Under: The Fed
News, analysis, and data about the bailout.
![Federal Reserve Chair Jerome Powell](https://images.prismic.io/bailout/7d061f0e-6b79-42bd-8de9-83c985c22148_getty-powell.jpeg?auto=compress,format&rect=0,121,1300,731&w=1200&h=675)
News Roundups
Fed's rescue helped wealthy most, Trump's ANWR flop a win for climate, and more
Weekly news headlines about the stimulus and recovery from Jan 15, 2021.
![offshore oil rig](https://images.prismic.io/bailout/66d4a425-c53f-4976-b30e-4241ee244116_oil+rig.jpg?auto=compress,format&rect=0,88,940,529&w=1200&h=675)
News Roundups
Time for America to finally take on Big Oil, Oil executives have mixed expectations for 2021, and More
Weekly news headlines about the stimulus and recovery from Jan 8, 2021.
![Fed Chair Jerome Powell](https://images.prismic.io/bailout/8bcc122f-a8e4-4a52-bc1e-db844a970e6e_powell.jpg?auto=compress,format&rect=0,54,1024,576&w=1200&h=675)
News Roundups
Republican bid to end virus lending slows relief deal, Fed joins climate network, and more
Weekly news headlines about the stimulus and recovery from Dec 18, 2020.
![Main Street Lending program fossil fuels versus clean energy](https://images.prismic.io/bailout/d05c5fa6-0cf4-416a-9d28-4e8212d50770_MSLP+loans.png?auto=compress,format&rect=0,61,3336,1877&w=1200&h=675)
Analysis
Oil & Gas Dominates in "Main Street" Lending Program
New data shows that 46 fossil fuel companies have received Fed-subsidized loans since July, as the MSLP is set to expire on December 31st.
![In one of his final acts as Treasury secretary, Steven Mnuchin moved last month to claw back funds he authorized for the Federal Reserve’s emergency lending programs.](https://images.prismic.io/bailout/15320ce7-dcdb-4bf4-9f83-d945adc485d6_mnuchin-nyt.jpg?auto=compress,format&rect=0,54,1024,576&w=1200&h=675)
News Roundups
Mnuchin grilled over clawback, BlackRock vows shareholder votes on climate, and more
Weekly news headlines about the stimulus and recovery from Dec 11, 2020.
![oil rig field winter](https://images.prismic.io/bailout/3d80f17c-7a12-41d8-96e2-c676e2cf7239_energy-storage-shale-rock.webp?auto=compress,format&rect=0,0,949,534&w=1200&h=675)
News Roundups
The oil industry is flailing, PPP loan recipients' data reveals troubling patterns, and more
Weekly news headlines about the stimulus and recovery from Dec 4, 2020.
![wildfire victims hospital](https://images.prismic.io/bailout/fa9c9597-b427-4d46-896c-2ec275806b31_wildfire+victims.webp?auto=compress,format&rect=0,0,1465,824&w=1200&h=675)
News Roundups
Climate change has hit the U.S. harder than any other G20 country, hundreds of companies that got stimulus aid have failed, and more
Weekly news headlines about the stimulus and recovery from November 20th, 2020.
![Bharat Ramamurti is a member of the oversight commission charged by Congress to monitor how the Treasury Department and Federal Reserve are managing COVID-19 recovery dollars.](https://images.prismic.io/bailout/d7cffc21-ea33-4ef8-a8ed-1ec3ddd2d66f_youtube-rhamamuti.jpg?auto=compress,format&rect=26,0,565,318&w=1200&h=675)
Report
Congressional Oversight Commission: Sixth Report
In its sixth report, the Commission provides updates on government lending programs, and asks for more disclosure transparency from the Fed.
![The Federal Reserve building in Washington, D.C.](https://images.prismic.io/bailout/9acc6aa3-c272-45b2-bb94-30862cedd0f6_getty-fed-building.jpg?auto=compress,format&rect=0,0,1319,742&w=1200&h=675)
Analysis
Fed’s Fossil Fuel Bailouts Grow to Half Billion as Focus Shifts to Next Steps
The current bailout programs are a political hot potato and policymakers are discussing the next rounds of stimulus. In the meantime, the Fed program designed to prop up midsize fossil fuel companies continues to grow.