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May 3, 2021
Live Updates: Republicans Push for Biden to Shrink Infrastructure Plans President Biden will meet this week with Republican senators on his infrastructure ambitions, which the senators want him to scale back and pay for without tax increases. Administration officials see some opportunities for compromise. RIGHT NOW Senator Shelley Moore Capito of West Virginia is among the Republicans who will meet with President Biden this week.Credit...Anna Moneymaker for The New York Times President Biden wi...
May 2, 2021
Inspector general for pandemic relief funds warns of oversight breakdown Access to information curtailed in final months of Trump administration. By Alan Rappeport Text size Copy shortlink: Washington – A breakdown in the oversight of trillions of dollars of economic relief money spilled into public view Friday night when the Treasury Departments special inspector general for pandemic recovery said in a report that his powers to scrutini...
May 1, 2021
Pandemic Inspector General Warns of Oversight Breakdown An internal dispute at the Treasury Department shows the challenge of tracking trillions of dollars of economic relief money. Brian D. Miller, the special inspector general for pandemic recovery, at his confirmation hearing last May.Credit...Pool photo by Salwan Georges May 1, 2021, 12:12 a.m. ET WASHINGTON — A breakdown in the oversight of trillions of dollars of economic relief money spilled into public view on Friday night when the Tr...
May 1, 2021
Biden Justice Department Strips Stimulus Watchdog of Power Bloomberg 5 hrs ago © Bloomberg House Democrats, Biden At Odds Over Enhanced Child Tax Credit (Bloomberg) -- The leader of a federal agency overseeing federal stimulus programs said Friday that Treasury Department officials had resisted his attempts to investigate fraud in the Paycheck Protection Program, resulting in the Justice Department resolving the dispute by stripping the agency of its jurisdiction. As a result, the Special ...
May 1, 2021
A watchdog seeking to provide oversight of trillions of dollars in coronavirus spending and other relief has blasted a new Justice Department memo while calling on Congress to clarify his oversight mandate. Brian Miller, the Treasury Department’s special inspector general for pandemic recovery, said Friday that a decision this week by the Justice Department’s Office of Legal Counsel (OLC) has “permanently reduced oversight” of specific relief programs implemented during the coronavi...
May 1, 2021
COVID-19 relief watchdog says his offices oversight has been reduced By (0) Special Inspector General for Pandemic Recovery Brian Miller, shown at a confirmation hearing before Senate Committee on Banking, Housing, and Urban Affairs on May 5, 2020, released a report Friday saying his offices ability to oversee pandemic spending has been hampered by a jurisdictional turf war. File photo by Alex Wong/UPI | License Photo Special Inspector General for Pandemic Recovery Brian Miller, shown at a co...
May 1, 2021
Biden’s Justice Department Strips Stimulus Watchdog of Power Bloomberg 5/1/2021 © Bloomberg House Democrats, Biden At Odds Over Enhanced Child Tax Credit (Bloomberg) -- The leader of an agency overseeing federal stimulus programs said Friday that Treasury Department officials had resisted his attempts to investigate fraud in the Paycheck Protection Program, resulting in the Justice Department resolving the dispute by stripping the agency of its jurisdiction. The Special Inspector General...
April 28, 2021
Hawaiian Holdings Reports 2021 First Quarter Financial Results News provided by Share this article Share this article HONOLULU, April 27, 2021 /PRNewswire/ -- Hawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the first quarter of 2021. First Quarter 2021 - Key Financial Metrics GAAP (124.4) pts. "We reached an important inflection point during the first quarter on our path to recovery with an...
April 28, 2021
Print article Alaska Air Group Inc. is getting closer to breaking even more than a year into the pandemic but it’s not quite there yet. The parent company to Alaska Airlines and regional carrier Horizon Air reported a $131 million first-quarter loss April 22. The early 2021 results are a significant improvement over a year ago, when the Seattle-based airline company lost $232 million; however, the most recent $131 million loss includes federal CARES Act Payroll Support Program funding. Wit...
April 24, 2021
SkyWest Airlines enters into a Payroll Support Program 3 Agreement with the U.S. Treasury Department | eTurboNews | Trends | Travel News Online | Airline News