A group of House and Senate Democrats seeking stronger oversight of the massive coronavirus relief programs is introducing a new bill to force companies to publicly report how they're using the funds, and to beef up the oversight of the small business aid program. Elizabeth Warren, D-Mass., Chris
A group of House and Senate Democrats seeking stronger oversight of the massive coronavirus relief programs is introducing a new bill to force companies to publicly report how they're using the funds, and to beef up the oversight of the small business aid program.
The measure would require the Small Business Administration to publicly report information on lenders and recipients in the Paycheck Protection Program for small businesses every week, in an effort to add transparency to an initiative that was criticized for initially allowing large, publicly-traded companies to participate in the program.
In response to President Donald Trump's moves to sideline and replace key inspectors general involved in monitoring the federal government's coronavirus response, the proposal would mandate that inspectors general be fired only for good cause. Any firing could be challenged in court, and reviewed by an outside watchdog panel.
MORE: 'The American public doesn't know that we're getting those answers': How Congress is handling oversight during the coronavirus crisis
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