Coronavirus Pandemic Loan Fraud Prevention

The House Small Business Committee held an oversight hearing on waste and fraud in business loans provided by coronavirus panademic relief… read more

The House Small Business Committee held an oversight hearing on waste and fraud in business loans provided by coronavirus panademic relief legislation. The Small Business Administration Inspector General Hannibal Ware and Government Accountability Office (GAO) Director of Financial Markets and Community Investments William Shear spoke about recommendations the department had made to improve the distribution of loans through the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) to assist businesses during the pandemic. Mr. Shear discussed a lack of transparency with the Trump administration. Both witnesses explained that steps had been taken to help prevent further waste and fraud with future federal assistance. close

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Coronavirus Pandemic Loan Fraud Prevention

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Program ID:
511050-1
Category:
House Committee
Format:
House Committee
Location:
2360, Rayburn House Office Building, Washington, District of Columbia, United States
First Aired:
Apr 26, 2021 | 8:30am EDT | C-SPAN 2
Last Aired:
May 13, 2021 | 5:58pm EDT | C-SPAN 3

Airing Details

  • Apr 26, 2021 | 8:30am EDT | C-SPAN 2
  • Apr 29, 2021 | 2:28pm EDT | C-SPAN 1
  • May 13, 2021 | 5:58pm EDT | C-SPAN 3
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Coronavirus Pandemic Loan Fraud Prevention

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