Leaderless Watchdog for $500 Billion in Aid Preps for Disclosure
- Commission oversees Fed, Treasury rescue lending programs
- McConnell, Pelosi have yet to jointly select group’s leader
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A watchdog created to monitor the work of the Treasury Department and the Federal Reserve in buffering corporate America and Main Street from the Covid-19 pandemic is functioning like an ad hoc committee as it waits for a chairman to start formal operations.