Two Fintech Companies Fueled Extensive PPP Loan Fraud, House Report Finds
Posted inBlue Acorn PPP LLC Coronavirus Aid, Relief, and Economic Security Act (2020) Federal Aid (US) Frauds and Swindling House of Representatives Law and Legislation Small Business Administration Stimulus (Economic) United States Politics and Government Wompy (Oto Analytics Inc)

Two Fintech Companies Fueled Extensive PPP Loan Fraud, House Report Finds

Executives at Womply and Blueacorn, which facilitated millions of Paycheck Protection Program loans, flouted rules and themselves collected improper loans, investigators said.
US Approves Aid to Extend Life of California Nuclear Plant
Posted inCalifornia Diablo Canyon Power Plant (Calif) Electric Light and Power Energy Department Federal Aid (US) Infrastructure Investment and Jobs Act (2021) Newsom, Gavin Nuclear Energy Pacific Gas and Electric Co Regulation and Deregulation of Industry Shutdowns (Institutional)

US Approves Aid to Extend Life of California Nuclear Plant

The Energy Department’s grant of $1.1 billion is the latest step that could keep the reactor in operation beyond its scheduled shutdown in 2025.