JD Vance to Ban Nearly 870,000 Suspected Offenders From Federal Loans, Citing Potential $39 Billion in COVID-Era Fraud: 'You're Cut Off'
JD Vance moves to bar 870,000 suspected fraudsters from SBA loans over $39 billion in alleged COVID-era fraud.
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Why It Matters
A government leader is blocking nearly 870,000 people from getting small business loans. This could lower future loan fraud losses, which might help banks and loan programs work better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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