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The Latest Breaking News from SBA

Government shutdown would have ‘serious consequences for our economy’ by halting $163 billion in federal contracts to small businesses

A government shutdown on Saturday would close the Small Business Administration, leaving small businesses that depend on it in limbo.

Fortune

How to get federal disaster aid: FEMA is running out of money, but these strategies can help survivors of Hurricane Idalia and the Maui fires get aid faster

As questions loom over the Federal Emergency Management Agency’s ability to fund disaster recovery efforts, people who lost homes to recent wildfires and storms are trying to make their way through the difficult process of securing financial aid.

The Conversation

2 former Chicago police officers charged in $2 million COVID-19 relief fraud

Torrey Price retired from the Chicago Police Department on July 15 — about two weeks before he was indicted for fraud. Aaron Price, the other former cop who’s charged, retired in 2017.

Chicago Sun-Times

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Mayor Johnson, teens taking over South Loop was a ‘trend’ — toward mob action

Most people can easily spot an inappropriate use of language for what it is and what it isn’t.

Chicago Sun-Times

Ex-police union boss gets 2 years in prison for $600,000 theft

A former president of one of the nation's largest police unions has been sentenced to two years in prison for stealing $600,000 from a fund consisting of contributions from members of the Sergeants Benevolent Association

The Independent UK

Santos off to slow start on constituent casework

WASHINGTON -- When Rep. George Santos took office amid revelations that he fabricated nearly every detail of the life he presented to voters, he claimed that he would nevertheless serve them faithfully in Congress.

Tribune News Service

Santos off to slow start on constituent casework - Roll Call

House offices can handle many constituent tax cases a month. The embattled New York Republican hasn’t.

Roll Call

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District Court Strikes Down Race Preference in USDA's and SBA's Contracting Schemes

From Judge Clifton Corker's opinion today in Ultima Servs. Corp. v. U.S. Dep't of Agric. (E.D. Tenn.) [UPDATE: link fixed]: This case concerns whether, under the Fifth Amendment's guarantee of equal protection, Defendants the United States' Department of Agriculture ("USDA") and the Small Business Administration ("SBA") may use a "rebuttable…

Reason

Kamala Harris touts the small business side of ‘Bidenomics’ at Santa Monica restaurant

LOS ANGELES — As President Joe Biden leans into pitching voters on economic progress made under his watch ahead of the 2024 election, Vice President Kamala Harris is on a mission to highlight how small businesses have fared under “Bidenomics.”

Los Angeles Times

Scammers Stole $200 Billion From Two Federal COVID Aid Programs

A new audit says one out of every $6 distributed by the Small Business Administration during the pandemic was stolen.

Reason

Federal watchdog says over $200 billion in pandemic business loans look fraudulent

The Inspector General of the Small Business Administration has released a "landscape of fraud" report highlighting why 17% of PPP and other loans appear bogus

WEKU

Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says

The Office of Inspector General of the Small Business Administration has released a "landscape of fraud" report highlighting why 17% of PPP and other loans appear bogus.

WEKU

The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says

More than $200 billion may have been stolen from two large COVID-19 relief initiatives

The Independent UK

"It's gotten much more complicated": GOP's post-Roe abortion catch-22

Former President Trump and other Republican presidential hopefuls are skirting questions about what abortion policies they'd support if elected.

Axios

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Reason

Over $400 Billion in COVID Aid Was Stolen or Wasted

A new Associated Press analysis of government data suggests 10 percent of all COVID aid was lost to fraud or theft. That figure will likely grow.

The Independent UK

The Covid con: How billions in coronavirus relief was stolen or wasted

Criminals and gangs grabbed the money. But so did a US soldier in Georgia, the pastors of a defunct church in Texas, a former state lawmaker in Missouri and a roofing contractor in Montana

The Independent UK

The Great Grift: Five things to know about how COVID-19 relief aid was stolen or wasted

An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent

The Independent UK

The Great Grift: How billions in COVID-19 relief aid was stolen or wasted

An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent

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The Independent UK

Senate confirms highest-ranking Muslim in gov't after earlier GOP blockade

The Senate has confirmed the highest-ranking Muslim official in the U.S. government

The Guardian - US

‘We need to read the room’: GOP divided on abortion as Democrats unite for 2024

Democrats center abortion rights in early stages of presidential campaign while Republicans waver over unpopular position

The Independent UK

Watch: Biden hosts SBA Women’s Business Summit at White House

Joe Biden hosted the second annual Small Business Administration (SBA) Women’s Business Summit at the White House on Monday, 27 March.

Tribune News Service

Why Seattle schools are hinging student success on Black male achievement

SEATTLE — During a math lesson on dividing decimals at Hawthorne Elementary School, 11-year-old Imran Ali said the material didn't click for him until his fifth grade teacher taught it using felt blocks. It was easier, he said, to count out real-life objects instead of grappling with abstract numbers in…

Chicago Sun-Times

Ja’Mal Green business steered COVID-19 relief loan applicants to lenders faulted by Congress for ignoring fraud

In hindsight, government oversight of lenders was lax, mayoral hopeful says, but many small businesses denied by traditional banks got the help they needed.

The Independent UK

Anti-abortion activists aim to sway GOP White House hopefuls

Emboldened anti-abortion activists are looking to the next presidential election as an opportunity to solidify their influence over the Republican Party

Chicago Sun-Times

Clusters of pandemic relief loans went to the same Chicago addresses, including homeless shelters, Sun-Times finds

One Paycheck Protection Program loan recipient who used a Salvation Army address said he was a farmer. A dozen others said they operated barber shops or beauty salons. Most got loans of about $20,000, the maximum based on a yearly income of at least $100,000.

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