The investigation evaluates the CARES Act and the administrative response to COVID-19. Congressional watchdog agency the Government Accountability Office (GAO) finished its investigation into the administration’s oversight over…
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Secret Service Investigating Massive Relief Funds Theft
Nearly $100 billion stolen from CARES Act relief program. The Secret Service has appointed an assistant special agent in efforts to hunt down criminals who are responsible for the theft of…
Read MoreCommittee Admits Difficulty in Tracking Pandemic Money
Report says, “It’s even harder” to know what the funds were used for. When Congress passed the Coronavirus Aid, Relief, and Economic Stability Act in 2020, they also established…
Read MoreSupreme Court Rules in Favor of AK Native Companies
Court’s opinion allows ANCs to receive CARES Act funding. On Friday, the Supreme Court ruled in a 6-3 decision that Alaskan Native Corporations (ANCs) are legally considered “Indian…
Read MoreCommerce Department Allocates Fishery Aid
In addition to assistance originally disbursed under CARES Act. The National Oceanic and Atmospheric Administration (NOAA) Fisheries announced last month the allocation of an additional $255 million in…
Read MoreEducation Secretary Unveils Portal for CARES Act Funds
Allows transparency regarding education funding alloted under COVID-19 legislation. Secretary of Education Betsy DeVos recently announced the launch of a portal that shows the utilization rate of billions…
Read MoreCongress Considering Next Round of Aid
December 26 deadline for 12 Million jobless Americans draws closer. 12 million Americans are set to lose their emergency jobless benefits on December 26, if no further action…
Read MoreSecretary Mnuchin Wants Grants for Main Street
There are CARES Act funds available for Congress to reallocate. The Federal Reserve’s key pandemic lending programs expire on December 31. Treasury Secretary Steven Mnuchin said Congress should…
Read MoreSecretary Mnuchin Pledges Direct Aid Payments to Americans
Expects next round of relief to model CARES act. Treasury Secretary Steven Munchin announced on Wednesday that he had coordinated with members of Congress to assure that both…
Read MorePostal Service to Receive $10 Billion Relief Loan
USPS remains “on unstable path,” Postmaster General says. On Wednesday, the U.S. Treasury Department announced that it has reached an agreement to lend up to $10 billion to…
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