07/26/2022
https://congress.gov...
"Unfortunately, we have seen numerous blunders--and I use that term very politely--as the SBA has neglected to be good stewards of our constituents' tax dollars."
"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."