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
12/4/2020
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As lawmakers debate whether to extend the Federal Reserve’s emergency loan programs, Congressional Oversight Commissioners are divided on the issue. The New York Times reported that Commissioner Senator Pat Toomey (R-PA) is...more
11/13/2020
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..Congressional Oversight Commissioner Rep. Donna Shalala (D-FL) lost her bid for reelection. Commissioner Rep. French Hill (R-AR) was reelected.
..The Congressional Oversight Commission released its sixth report, which...more
11/6/2020
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The House Select Subcommittee on the Coronavirus Crisis held a hybrid hearing with Treasury Secretary Steven Mnuchin regarding the Trump Administration’s response to the current economic crisis. Secretary Mnuchin urged...more
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