The coronavirus rescue package imposed some oversight of these programs, but when he signed it, Trump said he’d ignore the law and prevent a new inspector general from communicating with Congress. He then appointed a White House loyalist to serve in that role. And just to be sure there was no real accountability, he fired another inspector general independently designated to oversee the bailout.
Both of us have served in Congress overseeing the executive branch. We have also both served in the executive branch and answered to independent oversight. Take it from us: Oversight is vital to an effective democracy and a fair economy, and it’s a threat only if you have something to hide.

When Vice President Joe Biden ran implementation of the American Recovery and Reinvestment Act in 2009, he invited relevant inspectors general to scrutinize his work. In 2010, they concluded that a remarkable 99.8% of awards were free of any hint of fraud, waste or abuse. And Sen. Elizabeth Warren not only led the oversight panel for the Troubled Asset Relief Program, but she also set up the Consumer Financial Protection Bureau in 2010, where she maintained a strong working relationship with multiple inspectors general, who gave her high marks for her work.

By contrast, Trump seems to think he can direct funding for the response to this crisis based on which politicians are nice to him, which states he’s trying to win in November and which businesses he wants to enrich — all without any accountability. We have a different view.

Taxpayer relief should go to those most in need. Hospitals, essential workers, small businesses, and state and local governments should get the help they need immediately. If large corporations want help, they should agree not to turn around and fire all their workers. The relief bill’s unconscionable tax giveaway that overwhelmingly benefits millionaires should be repealed. But that is not enough.

During the recent presidential primary, both of us called for significant reforms to end Washington corruption and guarantee a government that works for the people. We urgently need those broader reforms now.

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