07/28/2021
https://congress.gov...
"I applaud the new administration for taking these concerns seriously and acting quickly to prevent emergency loans from going to bad actors."
"The bad news is that the SBA has mismanaged these programs and opened them up to unprecedented levels of waste, fraud, and abuse."
"I think we need to sort of set the stage a little bit here with regards to what we are talking about this morning from a standpoint that the PPP program was implemented in a very, very quick fashion."
"There has been some documented fraud in there as well, and I think that is the concern that I have is that we make sure we go back and recover those dollars."