Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

Top Republican urges new SBA chief take ‘DOGE’ actions against Biden-era electioneering, COVID loan claims

by
February 20, 2025
in Latest News
0
Top Republican urges new SBA chief take ‘DOGE’ actions against Biden-era electioneering, COVID loan claims

The top Republican on the House Committee on Small Business is calling for President Donald Trump’s new Small Business Administration (SBA) chief to do what he says the Biden administration wouldn’t – and provide answers on alleged taxpayer-funded electioneering in swing states and the failure to actively recoup fraudulent or misappropriated COVID relief funds.

Rep. Roger Williams, R-Texas, chair of the House Committee on Small Business, told Fox News Digital Thursday his committee has sounded the alarm on how the Biden administration ‘moved the [SBA] far away from its intended mission: serving Main Street America.’

Williams recalled how the House Small Business Committee had been ‘stonewalled’ in multiple requests for information on how the SBA was working under a 2021 Biden executive order on ‘promoting access to voting’ when it forged a ‘memorandum of understanding (MOU)’ with Michigan election officials.

In the committee’s letter to SBA Administrator Kelly Loeffler being sent later Thursday, the panel will note Trump rescinded the Biden order, but remains ‘deeply troubled by the lack of transparency from the Biden-Harris SBA and looks forward to working with you to determine what impact this may have had on the 2024 election.’

The letter will also alert Loeffler to several Biden-era rule changes they believe present an ‘immediate threat’ to its small-business-lending portfolio.

As for allegations the previous SBA leadership punted on recovering misallocated COVID aid, the letter invokes Trump’s DOGE endeavors and floats a project to investigate fraud and recover the funds, which they characterize as a prime example of how Loeffler can assist that cause.

‘It is estimated that across the SBA’s COVID-19 lending programs, approximately $200 billion went to potentially fraudulent recipients,’ the letter said, while also noting the Biden SBA ‘unilaterally decided’ to suspend delinquent disaster loan and PPP collections for loans under $100,000.

‘The Committee is interested in determining the Biden-Harris SBA’s rationale for this decision and seeks to understand the impact this had on the ability of law enforcement to track and prosecute fraud,’ the committee wrote.

Last year, Williams issued a rare committee subpoena for staff travel calendars and more information from the SBA seeking to discern whether or how taxpayer money was potentially being spent to register voters in heavily Democratic areas in Michigan under the MOU.

Democrats on the panel, however, have long criticized the GOP majority’s machinations:

‘Unfortunately, with [these Michigan/MOU] subpoenas, Republicans have rejected these principles to pursue a partisan inquiry,’ ranking member Nydia Velazquez, D-N.Y., told Fox News Digital.

While the Biden-era SBA maintained they did nothing wrong, Williams persisted in trying to conduct congressional oversight of the alleged electioneering. Similar could be said for the committee’s efforts to probe the SBA’s position on recouping the problematic COVID aid amounts.

‘The Committee looks forward to working with Administrator Loeffler and the Trump Administration to return credibility and transparency to the SBA,’ Williams said Thursday.

‘Together, we will ensure small businesses have a voice in our government and bring the Golden Age of America to Main Street.’

This post appeared first on FOX NEWS
Previous Post

FBI nominee Kash Patel advances to final Senate confirmation vote

Next Post

‘Death of DEI’: GOP senator expected to take victory lap against ‘wokeness’ in CPAC speech

Next Post
‘Death of DEI’: GOP senator expected to take victory lap against ‘wokeness’ in CPAC speech

‘Death of DEI’: GOP senator expected to take victory lap against ‘wokeness’ in CPAC speech

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

January 18, 2026
Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’

Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’

January 17, 2026
US congressional delegation visits Denmark amid backlash over Trump’s push to acquire Greenland

US congressional delegation visits Denmark amid backlash over Trump’s push to acquire Greenland

January 17, 2026
Former Iranian prisoners reveal torture horrors as regime kills protesters on sight during crackdown

Former Iranian prisoners reveal torture horrors as regime kills protesters on sight during crackdown

January 17, 2026
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

    Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

    January 18, 2026
    Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’

    Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’

    January 17, 2026
    US congressional delegation visits Denmark amid backlash over Trump’s push to acquire Greenland

    US congressional delegation visits Denmark amid backlash over Trump’s push to acquire Greenland

    January 17, 2026
    Former Iranian prisoners reveal torture horrors as regime kills protesters on sight during crackdown

    Former Iranian prisoners reveal torture horrors as regime kills protesters on sight during crackdown

    January 17, 2026

    Top News

    Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

    Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports

    January 18, 2026
    Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’

    Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’

    January 17, 2026

    Latest News

    • Iran’s supreme leader acknowledges thousands killed as Trump calls for new leadership: reports
    • Lindsey Graham speaks against pending execution of 26-year-old Iranian protester: ‘This regime must fall’
    • US congressional delegation visits Denmark amid backlash over Trump’s push to acquire Greenland

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.