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 “the Department of Defense did not even consider whether the services it obtains from YRC could be obtained elsewhere” and that “[t]he Commission is concerned that the Treasury may have put taxpayers in a precarious position.”

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