Members of Congress took small-business loans — and the full extent is unknown
The PPP was administered through the banks. The banks favored their best (and likely most connected) clients.
(From Politico)
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 an executive at a restaurant chain that has since returned the loan.
Reprinted from: https://www.ac2news.com/2020/06/members-of-congress-took-small-business-loans-and-the-full-extent-is-unknown/
