Connect with us

News

Busted: Four Congressmen Cashed in on the Half-Trillion-Dollar Loan Program They Helped Create

Published

on

According to a report from Politico, at least four members of Congress and their families cashed in on the multi-billion small business loan program set up to support companies hammered by the shut down during the still ongoing coronavirus pandemic.

As the report notes, they might not be the only ones.

According to the Politico report, “It’s a bipartisan group of lawmakers who have acknowledged close ties to companies that have received loans from the program — businesses that are either run by their families or employ their spouse as a senior executive.”

The report notes the four include two Democrats and two Republicans including Rep. Roger Williams (R-TX) who owns several auto dealerships, body shops and car washes, and Rep. Vicky Hartzler (R-MO), “whose family owns multiple farms and equipment suppliers across the Midwest.”

The Democrats on the list include Rep. Susie Lee from Nevada, “whose husband is CEO of a regional casino developer, and Rep. Debbie Mucarsel Powell of Florida, whose husband is a senior executive at a restaurant chain that has since returned the loan.”

The report notes that there are likely more lawmakers who took advantage of the program, but because Treasury Secretary Steve Mnuchin is refusing to reveal recipients it may be a long time before others are exposed.

“Democrats have tried to pry free the list of recipients. But their push in the House to require disclosure of at least some companies was blocked on the floor late last month by Republicans — including Williams and Hartzler, who voted against the bill. Lee and Powell joined all Democrats in supporting it. All four lawmakers have previously voted in favor of the small-business program,” Politico reports.

According to Rep. Dean Phillips (D-MN) who wrote the bill, “This is the largest distributor of taxpayer money in human history, and we need to ensure taxpayers know where it’s going,” before adding, his bill “was not written to expose members of Congress, because frankly I expected members of Congress to be forthright and transparent to begin with.”

Politico goes on to report, “Spokespeople for Williams and Hartzler declined to say how much money was provided under the loans to the privately held companies lawmakers own. Full House Resorts, of which Lee’s husband is the president and CEO, received $5.6 million, according to Securities and Exchange Commission filings. Fiesta Restaurant Group, which employs Mucarsel Powell’s husband as a senior executive, received $15 million before returning it in full.”

You can read more here.

Continue Reading
Click to comment
 
 

Enjoy this piece?

… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.

NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.

Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.

News

Mark Your Calendar: Schumer Releases Trump Impeachment Schedule

Published

on

Senate Majority Leader Chuck Schumer has just released the schedule for the second impeachment trial of Donald Trump.

The Article of Impeachment will be transmitted by Speaker Nancy Pelosi on Monday. That week will focus on the administrative elements of the trial.

The following week, starting February 8, the actual impeachment trial will begin.

Minority Leader Mitch McConnell had requested a two-week delay, but Schumer and Pelosi did not grant his wish.

CNN’s Jeremy Herb posted the document:

This is a breaking news and developing story. 

Continue Reading

News

‘Seditious Conspiracy’: Ethics Complaint Filed Against Rep. Madison Cawthorn, Other GOPers Over Capitol Coup

Published

on

An ethics complaint has been filed against three Republican members of Congress over their participation in events that led to the violent and deadly January 6 attempted coup at the U.S. Capitol.

Reps. Madison Cawthorn of North Carolina, and Paul Gosar and Andy Biggs of Arizona are accused of “a seditious conspiracy to use force to prevent Congress from carrying out its constitutional and statutory duties to count the votes of the Electoral College,” by the Campaign for Accountability, a government ethics watchdog founded by two former members of CREW.

If the House Ethics Office finds any or all of the three Republicans violated federal law, the group is asking for them to be expelled.

Cawthorn spoke at President Trump’s January 6 rally (photo), barely hours before the armed insurrection.

“This crowd has some fight in it,” Cawthorn told Trump’s MAGA supporters. “The Democrats, with all the fraud they have done in this election, the Republicans hiding and not fighting, they are trying to silence your voice. Make no mistake about it, they do not want you to be heard.”

North Carolina’s WLOS reports that “despite his tweets urging ‘millions of patriotic Americans stand for their country,’ Cawthorn said he felt no culpability in what unfolded” the day of the attempted coup.

“I don’t feel I had any responsibility for them attacking the Capitol,” Cawthorn said.

Two days before the domestic terror attack he posted this:

Gosar and Biggs also bear significant responsibility, according to the lead organizer.

“Far-right activist Ali Alexander, who helped rally Trump’s supporters ahead of Congress’ electoral count, has claimed he planned a rally that preceded the riot with the support of Gosar and Biggs,” The Hill reports, citing an article in The Washington Post.

 

Continue Reading

News

Pelosi to Transmit Impeachment Article to Senate Monday – Triggering Trial of Trump to Start Next Week

Published

on

Speaker Nancy Pelosi will transmit the House’s Article of Impeachment against Donald Trump for the incitement of the January 6 insurrection to the Senate on Monday. Once the Senate has received the Article it is constitutionally bound to take it up immediately.

On Thursday Senate Minority Leader Mitch McConnell said his conference would be comfortable with waiting two weeks before beginning the trial of the former president, Donald J. Trump. Speaker Pelosi’s answer to McConnell, in action if not words, was no.

Axios adds that the “Senate is required to begin the impeachment trial at 1 p.m. the day after the article is transmitted.”

Those “ceremonial aspects” of the trial would begin Tuesday, CNN’s Manu Raju reports. “The train is in motion,” he says.

 

Continue Reading

Trending

Copyright © 2020 AlterNet Media.