Lawmakers press SBA, Treasury officials on Cares Act transparency and loan forgiveness

Treasury Secretary Steven Mnuchin suggested Friday that the government
should consider forgiving all taxpayer-backed small loans under the
federal Paycheck Protection Program without verifying how the funds were
used, a decision that could wipe away debt for millions of small
businesses but would also substantially increase the risk of fraud.

Publisher: Washington Post | Author: Aaron Gregg

TAGS
aid package, corruption, covid-19, and trump cabinet
DATE PUBLISHED
2020-07-18 (Modified: 2020-07-17)

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