Experts from across the political spectrum fear that the Federal Reserve’s new Main Street Lending program won’t reach enough businesses or save enough jobs.
Whistleblowing virologist Rick Bright says that his Trump-appointed boss tried to fast-track funding for a friend’s coronavirus treatment, and that he was reassigned for insisting that funding be reserved for “safe and scientifically vetted solutions.”
Within three weeks, the Bria of Geneva nursing home went from one case of COVID-19 to two dozen residents dead and at least 75 infected. Delayed testing and gaps in nursing home data obscures the true toll of the crisis.
The Small Business Administration, which is administering the lending program, has said it will disclose the names of companies that got loans — just not yet. News organizations are suing to stop the delay.
Coronavirus infections continue to rise at migrant detention facilities in towns with limited resources. Some local governments want details on what’s being done to safeguard the public.
State-run veterans homes, which have suffered enormously in the pandemic, fall between the regulatory cracks. The VA disclaims responsibility for them, and its inspections have overlooked issues later identified by other investigators.
The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government’s massive rescue efforts.
ProPublica health care reporter Marshall Allen describes the questions he asks to assess coronavirus misinformation, starting with a viral video that claims the coronavirus is part of a “hidden agenda.”