On the recordJune 14, 2005
I would be happy to do so for the gentlewoman. I share her concerns about waste, fraud and abuse, and have also expressed my concerns to the SBA about this issue. In fact, the gentlewoman from Texas (Ms. Granger) had expressed the same concern, too. I understand that the SBA is now collecting the information on, and essentially tracking, loan agents. Any potential fraud cases are immediately referred to the Inspector General, and perhaps we ought to put some language in saying they should be referred to the FBI for prosecution. I will assure the gentlewoman I will work with the SBA Administrator and the Inspector General, and also, if the gentlewoman would agree, the FBI, to assure that no fraud occurs in the small business loan program.
Source
govinfo.gov




