Who got half a trillion in COVID loans? The Trump administration won’t say
The Small Business Administration was supposed to release detailed information about who got hundreds of billions of dollars of taxpayer-backed PPP loans. But at a hearing yesterday, Treasury Secretary Steven Mnuchin said it’s “confidential information.” We’re going to talk a lot about the shredding of norms on today’s show … if Kai’s recording setup can make it through the end of the taping. As always, you can find a list of everything we talked about today (including Kai’s “room rating”) on our episode page at makemesmart.org Correction (June 12, 2020): A previous version of this podcast title and description misstated how much in PPP loans could be kept confidential. The title and text have been corrected.
