FIERY: Democrat California Rep Katie Porter GRILLS Treasury Secretary Steve Mnuchin in HEATED COVID-19 relief hearing (video)



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Nov 26, 2015
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The NYT reports:

"New data released from the Small Business Administration shows that tenants of properties owned by the Trump Organization and Pres. Trump’s son-in-law Jared Kushner’s family reportedly received 25 Paycheck Protection Program loans worth more than $3.65 million. In an analysis by NBC News, one of 11 newsrooms that sued that SBA for access to this information, it was found that 15 Trump- or Kushner-owned properties ‘self-reported that they only kept one job, zero jobs, or did not report a number at all.’ Some of the loans included $2.16 million to a restaurant at the Trump International Hotel & Tower in New York City that later closed, more than $100k to two tenants at Trump Tower that only kept three jobs, and more than $204k collectively to four tenants at a Kushner-owned property that only retained six jobs. The analysis of the data also found other questionable information regarding the PPP loans, including more than 100 loans that were given to companies that did not provide any name.

Back in July, the first round of information regarding recipients of at least $150,000 in loans through the PPP were released. Among the recipients were a number of Trump administration-affiliated businesses, including the family business of Transportation Sec. Elaine Chao and a trucking company co-founded by Agriculture Sec. Sonny Perdue. A Newsweek analysis found at least 6 companies with ties to members of Congress applied for millions in loans through the program, including business with direct ties to Reps. Roger Williams (R-TX), Mike Kelly (R-PA), Rick Allen (R-GA), Markwayne Mullin (R-OK), Kevin Hern (R-OK), and Devin Nunes (R-CA). All of the representatives listed above voted against a bill to require the disclosure of recipients of loans in excess of $2 million"

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