Oct. 1 (UPI) -- One of the most complete Tyrannosaurus rex skeletons in existence will be up for sale at Christie's Auction House next week, when it may set a new purchase record. A study released Wednesday by the National Community Reinvestment Coalition on the PPP, criticized using banks as the conduits for the loans and that African Americans with similar or better financial profiles than whites were still less likely to be approved for the funds. “We are alarmed by these reports, but they are consistent with our investigations, which indicate pervasive fraudulent activity,” the inspector general wrote. N.Y. diocese files for bankruptcy due to wave of sex abuse lawsuits. Treasury Secretary Steven Mnuchin testifies before the House Small Business Committee at the U.S. Capitol in Washington, D.C. on Friday. Ford chief announces leadership changes on 1st day as CEO. Please select which sections of the site you’d like to search: Subcommittee on Primary Health and Retirement Security Subcommittee Hearing Financial Literacy: the Starting Point for a Secure Retirement .

The Small Business Administration’s office of inspector general launched numerous investigations after receiving more than 1,000 hotline complaints about potentially fraudulent transactions, according to a report released Tuesday. Oct. 1 (UPI) -- Tech giant Google said Thursday it has agreed to pay more than $1 billion to dozens of publishers for news content over the next three years, an answer to complaints that have been made for years by outlets. Jovita Carranza was recently confirmed as the 26th Administrator of the SBA. The hearing will be live-streamed on the committee’s website, Administrator –  U.S. Small Business Administration, Secretary of the Treasury – U.S. Department of the Treasury, Implementation of Title I of the CARES Act. Copyright © 2020 United Press International, Inc. All Rights Reserved. Subcommittee on Primary Health and Retirement Security Date: Tuesday, August 21, 2018 Time: 02:30 PM … “The reality is that SBA has developed and implemented a comprehensive, rigorous, end-to-end infrastructure to reduce the risk of fraud in the EIDL COVID program,” Carranza wrote. Date: Tuesday, August 21, 2018 Pursuant to guidance from the CDC and OAP, Accordingly, in-person visitors cannot be accommodated at this hearing.

WASHINGTON, D.C. — North Carolina businesses and residents affected by the earthquake on Aug. 9 can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator Jovita Carranza said. She not only has experience in the private sector but served as the 44th Treasurer of the United States. 'Stan,' one of most complete T. rex skeletons, goes to auction.

The hearing is scheduled to begin at 11:30 A.M. on Wednesday, February 26, 2020 in Room 2360 of the Rayburn House Office Building. July 17 (UPI) -- Treasury Secretary Steven Mnuchin and Small Business Administrator Jovita Carranza found themselves on the defensive at times over … The Committee on Small Business will hold a hearing entitled “Oversight of the Small Business Administration and Department of Treasury Pandemic Programs.”. Enter your email address to get the latest updates straight to your inbox. Time: 02:30 PM

Astrada, Subcommittee on Employment and Workplace Safety, Click here to view the final hearing transcript as printed ». Carranza declined to get into specifics under questioning from Bishop about an investigation into how the affiliates were awarded the funds but admitted the cases were "under review.". Washington, D.C. — U.S. The program was activated March 12 when small businesses were just beginning to come to grips with a near-complete state-by-state shutdown in in-person commerce. Oct. 1 (UPI) -- A federal judge on Thursday ordered a law enforcement commission established by President Donald Trump not to release their findings in a report because their meetings violated transparency laws. Keep supporting great journalism by turning off your ad blocker. Senate Photographers’ Gallery: 202-224-6548. As of July 15, the agency had approved 2.6 million loans for a total of $150 billion, according to an SBA document. ... Jovita Carranza, administrator of the U.S. Small... Jun 10, 2020. The measures include automated tools, internal “system rules” and checks designed to catch fraudulent applications.

Rep. Judy Chu, D-Calif., though, came to the defense of the affiliates, saying that they qualified for the loans since they operate independently from the national Planned Parenthood organization and singling them out was political. In its report, the office noted that the duplicate loan receipts were made possible because the agency “does not have effective controls in place to determine if the applicants had previously applied for and received financial help.”. “The purpose of COVID-19 EIDL loans and advances are to aid eligible, legitimate American small entities with both a quick injection of capital and long-term financing for working capital needs brought on by the pandemic,” Rubio said in a statement. Senate panel approves subpoenas for CEOs of Twitter, Facebook, Google. The Economic Injury Disaster Loans (EIDL) program was the first federal small-business assistance program activated to fight the economic crisis caused by the coronavirus pandemic. (Pool photo by Erin Scott/Reuters) By . The report released Tuesday described roughly 6,100 disaster loans and about 20,000 advance grants sent to potentially ineligible businesses. "I've had multiple calls with [Rep. Maxine Waters] and they have been very constructive and helpful," Mnuchin said. During the hearing, Administrator Carranza shared her vision for the agency, touched on opportunities for entrepreneurs and highlighted the boom small businesses have seen throughout the country under this Administration. It also criticized the agency for allegedly failing to put in place internal controls to prevent abuse. Jovita Carranza (born June 29, 1949) is an American businesswoman who has served as the Administrator of the Small Business Administration since January 2020. He argued banks and other borrowing institutions with a history of ethnic discrimination were put in charge of doling out the loans. She has prioritized opening more doors for historically underrepresented entrepreneurs, including women and veterans.

Jovita Carranza (born June 29, 1949) is an American businesswoman who has served as the Administrator of the Small Business Administration since January 2020. Jovita Carranza As a member of President Trump’s Cabinet, she advocates on behalf of the 30 million small businesses in America. Google agrees to pay news publishers $1 billion for content.
To the extent that there are specific situations of discrimination, obviously we want to research that.".

We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at.

It is different from the $660 billion Paycheck Protection Program in that it has fewer restrictions on how the loan funds can be spent, and loans are processed by the government rather than private banks. Or purchase a subscription for unlimited access to real news you can count on.


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