$70B in PPP and COVID-19 disaster loans from SBA paid to fraudsters, fake business owners
Video Credit: ABC Action News - Duration: 02:37s - Published
$70B in PPP and COVID-19 disaster loans from SBA paid to fraudsters, fake business owners
The Paycheck Protection Program has doled out hundreds of billions of dollars in pandemic relief to businesses in Florida and across the country.
But a government watchdog found more than $70 billion may have been lost to fraudulent claims. A Florida man discovered his ID was used to scam the SBA.
The Senate is set to hold confirmation hearings for key Trump administration picks, including Robert F. Kennedy Jr. and Kelly Loeffler. Kennedy, Trump's choice for HHS secretary, will face tough questions on vaccine policies in the Finance Committee at 10 a.m. Kelly Loeffler's SBA hearing follows at 3:30 p.m. Other Trump nominees, including Tulsi Gabbard and Kash Patel, are also expected to face significant opposition. With past confirmations requiring VP JD Vance’s tie-breaking vote, the hearings could be crucial in shaping Trump’s administration.
#RFKJr #TrumpAdministration #SenateHearing #KellyLoeffler #TrumpNominees #HHS #SBA #TulsiGabbard #KashPatel #RobertKennedy #Politics #WhiteHouse #BreakingNews #Senate #FinanceCommittee #SmallBusiness #Commerce #JDVance #DonaldTrump #MarcoRubio #Peripheral
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