Biden calls for inspector general to probe stimulus loans

Presumptive Democratic presidential nominee Joe BidenJoe BidenHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Trump finalizing executive order calling on police to use ‘force with compassion’ The Hill’s Campaign Report: Biden campaign goes on offensive against Facebook MORE is calling for an inspector general to investigate coronavirus stimulus loans given to large companies or political insiders. 

“Let me issue a warning right now to anyone who participates in a corrupt giveaway with President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE and his administration,” Biden said in a minute-long video released by his campaign in which he pledges to appoint a non-partisan inspector general to look into the matter. 

“I will direct her to review every stimulus loan given to any big company or political insider,” the former vice president continued. 


Biden said his inspector general would have the authority to report any potential wrongdoing by “any company or executive” to the Department of Justice. 

Democrats and left-leaning groups have criticized coronavirus relief legislation, known as the CARES Act, which was signed into law last month by President Trump. 

They argue that provisions in the legislation that provided businesses with tax benefits were too broad. 

The language used by Biden is similar to Republicans’ rhetoric in 2009, when they criticized Obama administration loans under the American Recovery and Reinvestment Act during the recession. 

–This developing report will be updated.

Click Here: cd universidad catolica

Leave a Reply

Your email address will not be published. Required fields are marked *