Link ---> Trump officials removed '2.7 million' PPP fraud flags from 'the largest corporations' during his lame duck period Just when you think that Donald Judas Trump's corruption has hit rock bottom, you find out that rock bottom has a basement. Is that all there is with this yutz? Infinite regression?
Alternet? They carried this story after the market dropped 630 points based on the jobs report. This story was written yesterday. 'No recession': Economists elated over 'amazing' jobs report — and blast media’s 'anti-Biden narrative'
The Great Pandemic Swindle: Feds Botched Review of Billions in Suspect PPP Loans https://www.pogo.org/investigation/...tched-review-of-billions-in-suspect-ppp-loans Of course trump and his supporters have no issues with this because money flowed into the right hands e.g. big corporations.
Keep in mind there could be a very perfectly reasonable explanation, that the media just did not bother to investigate. Unfortunately when the media twists stories, leaving out critical details, and "crying wolf" enough times, eventually no one will believe them even when they uncover a real story. My guess is the reason the Administration did this was for expediency, because there was not time and they did not want to hold things up, and wanted to quickly get the money out. Lots of people fraudulently got money during the pandemic, when government was just throwing out huge amounts of money as fast as possible.
The Cares act was passed in March 2020. This was done around 10 months later. The expediency argument doesn't apply, imo. There could be a good explanation, but I haven't seen it, nor think of it, for 99% to be larger corporations. If it were 99% smaller, it would make a little more sense, but just a little more.