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House Panel Probing $700 Million Covid Aid Loan to Trucking Firm


Yellow Faces U.S. House Probe Over $700 Million Covid-Aid Loan
Bloomberg
1 hr ago
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House Democrats News Conference On Legislation To Remove Confederate Statues From U.S. Capitol
(Bloomberg) A House panel is scrutinizing a $700 million national security loan given to trucking company Yellow Corp. from pandemic relief funds during the Trump administration.
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The investigation is the latest in a series of inquiries by the Select Subcommittee on the Coronavirus Crisis Congress into the trillions of dollars in aid that were approved by Congress under former President Donald Trump. Democratic Representative Jim Clyburn, chairman of the panel, announced the probe Thursday in an interview on Bloomberg Television’s “Balance of Power” program. ....

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