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sunonmars

(8,656 posts)
Tue Jun 16, 2020, 10:37 AM Jun 2020

Members of Congress took PPP small-business loans -- and the full extent is unknown

Some GOP lawmakers who benefited from the Paycheck Protection Program also opposed legislation requiring lending transparency.




https://www.politico.com/news/2020/06/16/congress-small-business-loan-320625

Republicans on the list include Rep. Roger Williams of Texas, a wealthy businessman who owns auto dealerships, body shops and car washes, and Rep. Vicky Hartzler of Missouri, whose family owns multiple farms and equipment suppliers across the Midwest. The Democrats count Rep. Susie Lee of Nevada, whose husband is CEO of a regional casino developer, and Rep. Debbie Mucarsel Powell of Florida, whose husband is a senior executive at a restaurant chain that has since returned the loan.

And there are almost certainly more, according to aides and lawmakers. But only the Small Business Administration and Treasury Department have that information, and the Trump administration is refusing to provide any details. That leaves it entirely up to business owners — including elected officials — to decide whether to come forward about a loan, which can be as large as $10 million.

Democrats have tried to pry free the list of recipients. But their push in the House to require disclosure of at least some companies was blocked on the floor late last month by Republicans — including Williams and Hartzler, who voted against the bill. Lee and Powell joined all Democrats in supporting it. All four lawmakers have previously voted in favor of the small-business program.

“This is the largest distributor of taxpayer money in human history, and we need to ensure taxpayers know where it’s going,” the author of that bill, Rep. Dean Phillips, said in an interview. The Minnesota Democrat added that his bill “was not written to expose members of Congress, because frankly I expected members of Congress to be forthright and transparent to begin with.

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Republicans on the list who got payouts are blocking the list of transparency.
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Members of Congress took PPP small-business loans -- and the full extent is unknown (Original Post) sunonmars Jun 2020 OP
k&r bigtree Jun 2020 #1
This has to be investigated Andy823 Jun 2020 #2

Andy823

(11,495 posts)
2. This has to be investigated
Tue Jun 16, 2020, 11:42 AM
Jun 2020

We need to know who got that money, and I want to know if trump and his family got any of it along with every member of congress. The truth needs to come out.

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