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Rep. Maloney: Select Subcommittee Releases New Findings on Trump Administration Failure to Prevent Billions in Small Business Fraud
March 26, 2021
WASHINGTON, March 26 -- Rep. Carolyn Maloney, D-New York, chair of the House Oversight and Reform Committee, issued the following news release on March 25, 2021:

The Select Subcommittee on the Coronavirus Crisis released a staff memo providing new evidence of the Trump Administration's mismanagement of the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program, which led to nearly $84 billion in potentially fraudulent loans, and detailing the steps taken . . .

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