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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Administration Refuses To Disclose Which Businesses Received $500 bil In Government Bailouts
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.
Unconscionable, jaw-dropping corruption, tweeted Public Citizen, a nonprofit consumer advocacy group, in response to the news.
https://www.yahoo.com/huffpost/trump-ppp-loan-businesses-secret-192846650.html
Oh FFS
Doodley
(9,078 posts)Shrike47
(6,913 posts)lostnfound
(16,169 posts)Market makes less sense than usual.
oasis
(49,365 posts)KY_EnviroGuy
(14,489 posts)Time for Congress to put their foot down.....hard........
Republicans seem confident they can continue to lie their way into public office and then be totally unaccountable for four years, keeping every thing they do hidden behind a wall of bullshit as they destroy our government.
The enough bell rang for this bunch long ago. Defund Trump.
KY........
sop
(10,145 posts)Newest Reality
(12,712 posts)Now that is what I have been calling GUSHING UP economics.
It's like Niagara Falls upside down. We are being cleaned out like there's no tomorrow...oh, wait...
JDC
(10,122 posts)How much went to donors, Big Corp, etc etc etc?
"Proprietary". What the ever living F is he talking about!? Pure criminals.