PPP Oversight: Congress Turns Its Focus to the Agency Diligence
By EsqSocial Corporation 14/05/21
On March 25, 2021, Chairwoman of the House Committee on Oversight and Reform Carolyn Maloney and the Select Subcommittee on the Coronavirus Crisis released a staff memo highlighting "new evidence" of the Trump Administration's mismanagement of the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program. The Committee memo, which recognizes that these programs played a crucial role in helping small businesses during the pandemic, estimates that nearly $84 billion in...
By: Baker Donelson