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For Now, a Lack of Transparency for the Paycheck Protection Program

from By Seth Sandronsky

MULTIBRIEFS EXCLUSIVE For Now, a Lack of Transparency for the Paycheck Protection Program By Seth Sandronsky How is Uncle Sam’s Paycheck Protection Program (PPP) helping small firms with forgivable loans during the COVID-19 pandemic that has closed businesses across the U.S. and put tens of millions of Americans out of work? The answer is unclear. On that note, we turn to Treasury Secretary Steven Mnuchin. He wants to prevent the taxpaying public from knowing PPP borrowers’ names. They are "confidential" and "proprietary," Mnuchin said in sworn testimony to the Senate Committee on Small Business & Entrepreneurship recently. READ MORE

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