Browsing: staff for the select subcommittee June 28  issued a report that found some 1.6 million applications for the loans that may have been approved without being evaluated.

     The U.S. failed to take basic steps at the start of the coronavirus pandemic to prevent fraud in a federal aid program intended to help small businesses, depleting the funds and making people more vulnerable to identity theft, the chairman of a House panel examining the payouts said on June 28.