GOP Senators Ask If Loan Program Discriminates Against Gun Companies

Posted on AllSides April 29th, 2020
From The Right

A group of Republican lawmakers want to know if banks doling out small business loans as part of the coronavirus relief package are discriminating against companies in the gun and energy sectors.

According to The Washington Free Beacon, 19 GOP senators — led by Kevin Cramer of North Dakota — sent a letter to Treasury Secretary Steven Mnuchin, Federal Reserve Chairman Jerome Powell, and Small Business Administration Administrator Jovita Carranza asking about reports of bias in the loan program.

"A vocal but small minority has weaponized federally-backed banks against politically...

Read full story
Some content from this outlet may be limited or behind a paywall.
https://www.newsmax.com/us/small-business-loan-ppp-virus-relief/2020/04/29/id/965208/

More News about Gun Control and Gun Rights from the Left, Center and Right

From the Left

From the Center

From the Right