Tuesday, August 4, 2020

Congressional Oversight Commission examines U.S. Treasury loan to YRC Trucking

https://www.nytimes.com/2020/08/03/us/politics/yrc-coronavirus-relief-funds.html

 

The loan comes from a special fund for critical national security firms, but this company merely delivers meals to military bases. The company’s financiers had lent money to Jared Kushner. Critic charge that another firm could have delivered the meals and that YRC Trucking should have been left to solve its long-standing financial problems without government aid.

 

Charlie Cooper, with thanks to Hank Prensky

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