House Democrats overseeing the Trump administration’s coronavirus response are asking major financial institutions to fork over reams of information about businesses that obtained government-backed loans to remain afloat amid the pandemic.
In addition to the letters to lenders, House Democrats on the oversight panel wrote to Mnuchin and Small Business Administration head Jovita Carranza urging them to release the names of all Paycheck Protection Program borrowers. Earlier Monday, Mnuchin said he was planning talks with lawmakers seeking details on the loans, as he faced a growing backlash.
“Chairman Rubio plans to work closely with [the Small Business Administration] and Treasury to ensure enough data is disclosed about the program to determine its effectiveness and ensure there is adequate transparency without compromising borrowers’ proprietary information," Rubio spokesperson Nick Iacovella said Monday.
RepKatiePorter insists on written data. stevenmnuchin1
Mnuchin is as tricky as trump. He is up to his eyeballs in DECEIT. Like any good accounting books, they should be orderly and completely done to the penny. TRANSPARENCY is the best way forward. trump has you all fighting while him and his unscrupulous men are getting richer!
This criminal needs to account for the 600 Billion dollars that is ‘missing’
I hope this was a setup. Because, everyone knows that Mnuchin is an immoral crook from his days as a financial vulture. His boss, Trump, is worse. He’s been emboldened by his Senate enablers who have sold their souls to him, the devil, in exchange for power..Quid Pro Kuo..
Corruption abounds as Stevie plays favorites with our (and future generations') money. Life under dear leader and friends.
Here we go again. Now we’re gonna have to issue subpoenas which will then be ignored. Then the courts get involved, & five years later, we get a murky muddy ruling that doesn’t mean a damn thing, it will get kicked up to the supreme court till they kick it back down again.
NOT ANOTHER DIME until TrumpAdmin reveals identities of Recipients/CHOSEN who swiftly emptied original billions-closer-to-trillion. HouseDemocrats, InTransition SpeakerPelosi, OldGuard
Transparency is NOT the default setting for any department or any members of the Trump administration or team!
Trump supporters, henceforth, can no longer claim to be fiscally conservative OR get furious over budgets/debt/deficits of any other leader or political rival.
Let's have a report on where that other money went, even to a select, bi-partisan committee. Accountability needed.
When is the next stimulus check coming, we are hurting here!
If it were reverse - and Democrats were in charge during PPP program, you can bet your hard earned Unemployment Check that the Repubs would demand oversight!
Release the information to the public and do it now. This is our money. We have the right to know.
Kleptocracy. Right out in the open. USA = Shaky democracy
Lol they just ripped off the tax payers for 500B
How about the loans given to the BIG businesses? That's what people are concerned about.
So only 88 billion was illegal?
grifters robbing American taxpayers with impunity... TrumpCrimeSyndicate
Why don't you detail where the first $600 billion went first? Or will that piss your friends off?
This is only a portion of the money, what about the rest to corporations?
“planning talks” 🤦🏻♂️
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