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18 hours ago

Biden admin 'deliberately protected' 562K pandemic-era loans in $22.2B suspected fraud scheme: SBA, Vance

FIRST ON FOX – The U.S. Small Business Association referred 562,000 suspected fraudulent loans totaling over $22.2 billion to the U.S. Department of Treasury for collections, the SBA said in a Friday statement. "From Day One, the Trump SBA has worked tirelessly to crack down on billions in pandemic-era fraud that the Biden Administration forgave or ignored," SBA Administrator Kelly Loeffler told Fox News Digital in a statement. The loans, largely stemming from the Paycheck Protection Program (PPP) and the COVID Economic Injury Disaster loan program, were flagged for suspected fraud during form...