On Mar 12 2020, US Federal Reserve injected "$1.5T of liquidity into the markets, rather than that amount of money".
On Mar 18, CARES Act came into force and will pay out $2 trillion USD.
On Apr 8 the Federal Reserve released minutes from meeting where it took rates to zero because of coronavirus
Miller said he expects the Fed balance sheet, currently just shy of $6 trillion, to expand to $10 trillion or more.
On Apr 9, the Federal Reserve will print $2.3 trillion USD to buy junk bonds and lend to states in a new wave of stimulus.
Why did Congress need the CARES Act? Why didn't it just recommend that the Federal Reserve spend $2T USD, which looks way easier? I know that the Federal Reserve is autonomous and Congress can't order the Federal Reserve to do anything.
Similarly, Senate Democrats block $250 billion in small business relief, accuse McConnell of a "political stunt" : politics. Why didn't Congress Members just recommend the Fed spend another $250B,?
As you can see from the points above, both sides criticized and haggled before enacting the CARES Act. But the Federal Reserve has spent way more than $2.250T! Isn't this a contradiction? Why haven't Congress Members criticized or haggled the Federal Reserve like Democrats and Republicans are criticizing each other in Congress?
Doesn't the CARES Act prove that the Fed isn't spending, or hasn't spent, enough money on the the right people? If the Fed was giving money to the right people, then would the US need the CARES Act?