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Topic Title: What businesses got the PPP bailout? Topic Summary: gov't won't say... Created On: 06/12/2020 01:03 PM |
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- Pagerow | - 06/12/2020 01:03 PM |
- HAPDigital | - 06/12/2020 01:13 PM |
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- fishkller | - 12/03/2020 01:52 PM |
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06/12/2020 01:03 PM
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Trump Administration Refuses To Disclose Which Businesses Received $500 Billion In Government Bailout
The Trump administration said on Wednesday that it plans to keep the identities of more than 4.5 million businesses that received a government bailout through the Paycheck Protection Program a secret. The lack of transparency is a stark break from the past. Normally, the Small Business Administration discloses the names of borrowers from the program on which it based PPP, The Washington Post reports. But Treasury Secretary Steven Mnuchin, in testimony before the Senate Committee on Small Business and Entrepreneurship, said his department considered that information "proprietary" and "confidential." That secrecy extends even to internal attempts at government oversight. The Government Accountability Office, which is supposed to brief Congress on whether COVID-19 relief funds are being distributed as intended, says the Treasury has refused to give the agency the names of recipients. ------------------------- GOP: Gaslight Obstruct Project |
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