[JumpCrisscross]

I doubt the Fed has the legal authority to impose employment-related restrictions on companies.

[sp332]

It's not a restriction on the jobs, it's a restriction on the loan or even a restriction on conditions under which the loan will be forgiven without being paid back.

Edit: Now that I've seen a mirror of the article, this program is about buying bonds that have to be paid back with interest no matter what. Point stands about the conditions being on the buying side though.

[JumpCrisscross]

> it's a restriction on the loan or even a restriction on conditions under which the loan will be forgiven without being paid back

I’m not sure the Fed has the power to do something like that. It’s a huge expansion in purview, particularly with adding forgiveness conditions, in which case it’s literally giving free money to private citizens without Congressional authorisation.

[onetimemanytime]

sure they can impose restrictions...if they want the Govt cash.

[vmception]

which is why so many Americans are against this specific scenario in lieu of unfettered discretionary use of money

but of course if you offer it we'll take it