Does not the Constitution allow, if not compel, the President to ensure that laws such as the American Rescue Plan are faithfully executed? From the OP:
The bailout was made possible by the American Rescue Plan Act, the $1.9 trillion package passed last year in response to the pandemic.
Financially struggling multiemployer pension plans can apply to the Pension Benefit Guaranty Corporation for assistance.
Before the act passed, more than 200 pension plans were on pace to become insolvent in the near term, according to the White House. Now, those plans are projected to remain solvent through at least 2051.
The $36 billion for the Central Pension Fund is the biggest boost from the program, and the largest ever federal financial assistance for troubled pension funds, according to the White House.
