Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,860 posts)
Thu Jun 11, 2020, 10:29 PM Jun 2020

Trump 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

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

lostnfound

(16,169 posts)
7. Wonder if donors getting government money are pouring it into stocks, propping up Dow.
Thu Jun 11, 2020, 11:29 PM
Jun 2020

Market makes less sense than usual.

KY_EnviroGuy

(14,489 posts)
4. Maybe Congress shouldn't approve another penny in aid until Munchkin releases the data.
Thu Jun 11, 2020, 11:13 PM
Jun 2020

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........

Newest Reality

(12,712 posts)
6. Now that...
Thu Jun 11, 2020, 11:23 PM
Jun 2020

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)
8. How much went into the Trump Family's pocket?
Fri Jun 12, 2020, 12:04 AM
Jun 2020

How much went to donors, Big Corp, etc etc etc?

"Proprietary". What the ever living F is he talking about!? Pure criminals.

Latest Discussions»General Discussion»Trump Administration Refu...