I think it is very appropriate that if we are going to be allowing access to government taxpayer funds through the SBA, that we need to make sure that the people we are giving those dollars to are folks who are number one, credit worthy and number two, are people who are going to be good citizens and have shown by their actions that they are.
Luetkemeyer emphasizes the need for accountability in distributing taxpayer funds.
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Nothing could be further from the truth. I personally worked with former Congresswoman Carolyn Maloney on an earlier iteration of the CTA.
As much as I hate that bill and hate that rule, my intention on that was to make sure we minimize the effect of this bill or this rule because it originally was a horrendous thing.
You ignore the advice from the report that you actually requested and paid for from the accountants.
I can tell you I was part of the group that put the PPP program together. And I can tell you I was very strenuous in my concerns about allowing the fintech companies in.
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