But Pelosi says she was not aware that he had because he is just an investor. Isn't Pelosi the one that babbled on endlessly and proposed legislation (can't remember whether it was enacted or not) to make sure that no one in the Trump family benefited from the bailout? WOMP.......womp......womp. Nancy Pelosi’s husband among lawmaker-linked PPP loan recipients https://nypost.com/2020/07/06/nancy-pelosis-husband-among-lawmaker-linked-loan-recipients/
"Pelosi spokesman Drew Hammill said that her husband Paul Pelosi is “a minor, passive investor in this company. He was not involved in or even aware of this PPP loan.” Are they going to return the money? If not, she and her husband are the dirty smelly cunts we knew them to be all along.
Doesn't Pelosi know the money is only for the chosen ones ? Trump friends and family cleared for millions in small business bailout Businesses tied to President Donald Trump’s family and associates stand to receive as much as $21 million in government loans designed to shore up payroll expenses for companies struggling amid the coronavirus pandemic, according to federal data released Monday. A hydroponic lettuce farm backed by Trump’s eldest son, Donald Jr., applied for at least $150,000 in Small Business Administration funding. Albert Hazzouri, a dentist frequently spotted at Mar-a-Lago, asked for a similar amount. A hospital run by Maria Ryan, a close associate of Trump lawyer and former mayor Rudy Giuliani, requested more than $5 million. Several companies connected to the president’s son-in-law and White House adviser, Jared Kushner, could get upward of $6 million. There’s no ban on businesses connected to Trump’s orbit receiving money. Democrats added a provision to the CARES Act excluding government officials and their family members from receiving some bailout funds, but not those from the PPP. The firms sought funding under the Paycheck Protection Program, one of the Trump administration’s sweeping pandemic relief efforts. Created in late March by the CARES Act, it allowed small businesses — generally, those with fewer than 500 employees — to apply for loans of up to $10 million. The loans can be forgiven if used to cover payroll, rent, mortgage interest or utilities. The program paid out $521 billion to almost 4.9 million companies in an effort to provide relief for small businesses and their workers amid the sudden economic shock brought on by the pandemic. As applications slowed after the initial rush, $132 billion remained unspent, and Congress voted to extend the program. After resisting releasing the names, the government bowed to pressure from critics and watchdog groups. On Monday, the administration disclosed only those entities that were approved by banks for loans over $150,000. A consortium of news organizations, including ProPublica, has sued the administration under the Freedom of Information Act to release the full list of recipients and loan details. The program has been criticized for including some loan recipients, particularly large, publicly traded companies, and for favoring wealthier businesses that had existing relationships with banks. In some cases customers could essentially skip the line. Overall, however, many economists praise the PPP for having gotten billions to companies relatively quickly. The New York Observer, the news website that Kushner ran before entering the White House and is still owned by his brother-in-law’s investment firm, was approved for between $350,000 and $1 million, data shows. A company called Princeton Forrestal LLC that is at least 40 percent owned by Kushner family members, according to a 2018 securities filing, was approved for $1 million to $2 million. Esplanade Livingston LLC, whose address is the same as that of the Kushner Companies real estate development business, was approved for $350,000 to $1 million. The company didn’t immediately respond to a request for comment. The loans to Kushner-related companies were first reported by The Daily Beast. In addition, up to $2 million was approved for the Joseph Kushner Hebrew Academy, a nonprofit religious school in Livingston, N.J., that’s named for Jared Kushner’s grandfather and supported by the family. In April, a bank approved a loan of between $150,000 and $350,000 for the Pennsylvania dental practice of Albert Hazzouri, who golfs with Trump and frequents Mar-a-Lago, the president’s private club in Palm Beach, Florida. In 2017, Hazzouri used his access to the president to pass him a policy proposal on club stationery on behalf of the American Dental Association. He addressed the note to Trump “Dear King.” Hazzouri also leaned on his relationship with Trump in an unsuccessful bid to obtain a dentistry license to expand his business in Florida. Hazzouri didn’t immediately return calls seeking comment Monday. Firms tied to the president’s children also stand to benefit from the program. A small indoor lettuce farming business applied for funds between $150,000 and $350,000, SBA data show. Trump Jr. had invested in Eden Green Technology, a vertical farming company just south of Dallas, whose co-chair, Gentry Beach, was a Trump campaign fundraiser. Trump Jr. purchased his shares as Beach sought Trump administration funding for his other global business interests, ProPublica first reported in December 2018. The company has said Trump Jr. played no role in running Eden Green and was brought in during “U.S. friends and family fundraising efforts.” A spokesman, Trevor Moore, said that the company “followed the standard procedure” in applying for the PPP loan and that “receiving it has provided for the preservation of 18 jobs.” It’s not clear how much Trump Jr. invested or whether he’s been paid any dividends since purchasing his shares. Neither Trump Jr. nor a spokesman returned a message seeking comment. Monday’s list included a Manhattan law firm whose marquee attorney has fiercely defended Trump for almost two decades. Kasowitz Benson Torres LLP — whose managing partner, Marc Kasowitz, was at one point the president’s top lawyer in the special counsel’s Russia investigation — was set to receive between $5 million and $10 million from Citibank, data show. (The largest loan a company could seek was $10 million.) Once dubbed the “Donald Trump of lawyering” by The New York Times, Kasowitz represented Trump in the Trump University fraud lawsuit. and during the 2016 campaign he helped keep Trump’s 1990 divorce from being unsealed. ProPublica reported three years ago that Kasowitz bragged to friends that he made between $10 million and $30 million per year. A law firm spokeswoman said its employees have maintained their full salary and benefits thanks to the PPP loan and “substantial cost-saving measures and greatly reduced partner distributions.” The firm has about 400 employees, data show. She said neither Kasowitz nor the firm had any conversations with anyone in the administration about the loan. Other major law firms, such as Boies Schiller Flexner and Wiley Rein, also received loans. The loans helped a hospital executive tightly linked to another Trump attorney and confidant, Rudy Giuliani. Cottage Hospital, a 25-bed critical access facility in Woodsville, New Hampshire, received between $2 million and $5 million in PPP loans. The hospital’s CEO, Maria Ryan, is a longtime close associate of Giuliani’s. During the last few years, Ryan has accompanied Giuliani on trips to Jerusalem, where the two visited the Hadassah Medical Organization, and to London, where they attended a two-game series between the Boston Red Sox and the New York Yankees. Last September, Giuliani brought Ryan to a state dinner at the White House. Ryan currently co-hosts a talk radio show with Giuliani called “Uncovering the Truth.” She has referred to Giuliani, Trump’s personal lawyer, as her “business partner.” Cottage Hospital’s annual revenues typically exceed $30 million, according to its most recent publicly available federal tax return. Ryan’s salary, the last filing shows, is nearly $300,000. “Mr. Giuliani has nothing to do with the PPP loan,” Ryan wrote in an email to ProPublica. “We applied like any other small business through our bank.” The loan data released Monday does not reveal the $30 billion in loans that have been canceled. Nor does it provide specific dollar amounts, but instead ranges of loan amounts. Businesses that spend the money according to key provisions of the program, which mainly involve continuing to pay workers, will have the loans forgiven. Last week, Trump signed legislation to extend the program until early August.
It would be best if you posted the url of your articles.... otherwise everyone will just assume that it came from some rabid left wing blog. https://www.propublica.org/article/...leared-for-millions-in-small-business-bailout
Wait...are you also demanding Trump's family return the money because I don't remember you being this vocal on that issue as well or calling Trump and his family leeches for using Daddy to get money from the government....
If we cna confirm it is true Trump's family business received loans and benefits, does the paper that printed it matter if it is not an opinion piece?
Absolutely. I didn't see the headline of Trump getting PPP. Anyone who claims to be as weathly as the folks above should return money they do not need, make it available to people who need it.
Lol................. “To raise eyebrows even more,” Arensmeyer added, “more than 1,200 of those businesses received less than $100—with some receiving loans as low as $1.00! Underfunding has been a pervasive problem for borrowers since PPP launched.” ‘Alarming’: Some small businesses received just $1 in COVID-19 relief loans as Kushner family, Wall Street investors raked in millions “Serious questions remain about whether PPP funds were equitably distributed to minority-owned businesses, and there is an alarming rate of small-dollar loans.” The Kushner family, large chains backed by private equity, Wall Street investors, Kanye West, members of Congress, and the law firm that represented President Donald Trump during the Mueller probe were among the thousands of beneficiaries of a Covid-19 relief program aimed at rescuing struggling small businesses and keeping workers employed, according to new federal data released Monday. “Serious questions remain about whether PPP funds were equitably distributed to minority-owned businesses, and there is an alarming rate of small-dollar loans,” John Arensmeyer, founder and CEO of advocacy group Small Business Majority, said in a statement. “Nationally, a total of more than 21,800 small businesses, many with multiple employees, received a loan for under $1,000.” “To raise eyebrows even more,” Arensmeyer added, “more than 1,200 of those businesses received less than $100—with some receiving loans as low as $1.00! Underfunding has been a pervasive problem for borrowers since PPP launched.”
Political cronyism and grifting everywhere... Televangelists, Dallas megachurch that hosted Pence approved for millions in pandemic aid https://www.reuters.com/article/us-...ed-for-millions-in-pandemic-aid-idUSKBN2480CB A Dallas megachurch whose pastor has been a vocal supporter of President Donald Trump was approved for a forgivable loan worth $2 million to $5 million, according to long-awaited government data released on Monday. Vice President Mike Pence spoke at a rally last month at the First Baptist Church of Dallas, whose pastor, Robert Jeffress, has been on Trump’s evangelical advisory board. It was among the tens of thousands of religious organizations that received a total of $7.3 billion in pandemic aid from the Small Business Administration. The list of religious organizations approved for about 88,400 small business loans also included Joyce Meyer Ministries Inc, a Missouri church which in 2007-2011 was investigated by the Senate over its finances. That church was approved for $5 million to $10 million - the largest sum an individual entity could apply for. Neither organization immediately responded to requests for comment on the loans. Joyce Meyer fully cooperated with the Senate investigation and agreed to join the Evangelical Council for Financial Accountability. Monday’s data released by the U.S. Treasury Department and Small Business Administration (SBA) named borrowers that were approved for loans of $150,000 or more under the $660 billion Paycheck Protection Program. The data showed religious organizations accounting for more than 1 million of the 51.1 million jobs protected by the high profile program. The list of named religious organizations was heavily skewed toward Christian denominations, according to a Reuters analysis. Launched on April 3, the Paycheck Protection Program allows small businesses, non-profits and individuals hurt by the pandemic to apply for a forgivable government-backed loan. Critics of the program’s rules, though, say it is unconstitutional for religious groups to receive taxpayer funds because America’s founders, in a bid to preserve religious freedom for all, envisaged a strict separation between church and state. “Going back to the founding of our country, one of the major principles is that no one should be forced to be taxed to propagate the religious ideas of another person,” said Alison Gill, vice president of legal and policy at religious equality watchdog American Atheists. Among the other 19 religious organizations to be approved for between $5 million and $10 million was Oklahoma-based Life.Church Operations LLC. Its pastor Bobby Gruenewald said in response to Reuters questions that he was grateful that churches were able to qualify for the loans, but did not say how much his church got or whether it will seek loan forgiveness. Also in the $5 million-$10 million bracket were the Roman Catholic Diocese of San Bernardino, California, which has publicly acknowledged its role in a decades-old sexual abuse scandal, and Willow Creek Community Church Inc. in Illinois. In 2018, the Chicago Tribune, citing court records, reported that Willow Creek paid $3.25 million to settle lawsuits alleging a church volunteer sexually abused children. Willow Creek did not respond immediately to request for comment. A spokesman for San Bernardino diocese said its entities received about $8.5 million which were used to pay staff wages and utility costs, and that the diocese expects to seek loan forgiveness.