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Weekly COVID-19 Oversight & Enforcement Report - May 2021 #4

On May 26, SBA Administrator Isabella Casillas Guzman began a series of hearings on the Hill that will continue through May 28. On May 26, she testified before the House Committee on Small Business in a hearing titled “An...more

Weekly COVID-19 Oversight & Enforcement Report - May 2021 #2

As part of its ongoing investigation into the Federal Reserve’s administration of pandemic relief lending programs, House Select Subcommittee on the Coronavirus Crisis Chair James E. Clyburn sent a letter to Fed Chair Jerome...more

Weekly COVID-19 Oversight & Enforcement Report - March 2021 #4

As part of an ongoing investigation into a “failed” $35 million contract to provide six million N95 masks to the Department of Veterans Affairs (VA), House Select Subcommittee on the Coronavirus Crisis Chair James Clyburn...more

Weekly COVID-19 Oversight & Enforcement Report - January 2021

Congress has been focused this past week on the aftermath of the January 6 attack on the Capitol, and the 232-197 vote to impeach President Trump for a second time, on a charge of “incitement of insurrection.” Meanwhile,...more

Weekly COVID-19 Oversight & Enforcement Report - December 2020

The Congressional Oversight Commission released its seventh report, which focuses on the Treasury and the Department of Defense’s $700 million loan to YRC Worldwide, Inc. The report is highly critical of the loan, noting that...more

Weekly COVID-19 Oversight & Enforcement Report - November 2020 #3

The Congressional Oversight Commission issued a statement on the Secondary Market Corporate Credit Facility (SMCCF), noting that the SMCCF “is still purchasing approximately $20 million worth of corporate bonds per day. The...more

Weekly COVID-19 Oversight & Enforcement Report - October 2020 #3

The Select Subcommittee on the Coronavirus Crisis released a staff report on the Payroll Support Program, which Congress created to “preserve aviation jobs” by providing payroll assistance to companies in exchange for keeping...more

Weekly COVID-19 Oversight & Enforcement Report - July 2020 #2

Treasury and the SBA disclosed the identities of a portion of PPP loan recipients. The Washington Post has created a searchable database of the recipients. Politico reports that the revelation that wealthy businesses and...more

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