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PPP Oversight: Congress Turns Its Focus to the Agency Diligence | Baker Donelson


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On March 25, 2021, Chairwoman of the House Committee on Oversight and Reform Carolyn Maloney and the Select Subcommittee on the Coronavirus Crisis released a staff memo highlighting new evidence of the Trump Administration s mismanagement of the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program. The Committee memo, which recognizes that these programs played a crucial role in helping small businesses during the pandemic, estimates that nearly $84 billion in potentially fraudulent loans were made due to the refusal to implement basic program controls or safeguards.
The memo highlights key steps the Biden-Harris Administration and Democrats in Congress have taken to address the risk of fraud in these important relief programs, including key program changes as well as investing an additional $142 million through the American Rescue Plan (ARP) legislation for federal watchdogs t ....

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What to know about Shalanda Young, a top candidate for Biden budget director nomination


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As President Biden weighs who to nominate to lead the Office of Management and Budget, one name continues to rise above the others: Shalanda Young.
Young checks several boxes for a potential Biden budget chief and has deep ties to Congress, where she has spent more than 14 years working for the House Appropriations Committee, becoming the staff director in 2017. Young would also be the first black woman to lead the OMB, which is a plus to an administration that has touted a commitment to diversity.
The 43-year-old Capitol Hill veteran was born in Louisiana and grew up as a child in the 1,500-person town of Clinton, which she described in a 2019 interview with ....

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Senate panel advances Shalanda Young nomination for deputy OMB director


Biden has yet to announce his pick, and other candidates such as former National Economic Council Director Gene Sperling are reportedly under consideration. The White House has said it will appoint Young as acting OMB director as an interim step if she s confirmed for the deputy role.
The partisan split in the Wednesday-morning HSGAC vote came as somewhat of a surprise after Young received largely glowing reviews from Republicans who had worked with her as staff director for the House Appropriations Committee.
Some GOP senators said they had intended to vote for Young but were troubled by her written answer on support for repealing the Hyde Amendment, which bars federal funds from being used for abortions. ....

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