What to Know in Washington: Congress Set for Spending, Aid Vote

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Washington, December 21, 2020 | comments

What to Know in Washington: Congress Set for Spending, Aid Vote 
Bloomberg Gov
12/21/2020

Pentagon Said Erred in Relief Loan to Firm: Congress might have given too much leeway to the Treasury Department and Pentagon to make loans during the pandemic, putting taxpayer dollars at risk, a lawmaker on a congressional oversight committee said. Rep. French Hill (R-Ark.) of the Congressional Oversight Commission said he was concerned the Pentagon did not sufficiently scrutinize YRC Worldwide in deeming it critical to national security, making it eligible to get a $700 million federal loan at favorable rates. Laura Davison has more.

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