What GAO found so far in its audit - of auditing - of how SBA handled PPP checks




Federal Drive with Tom Temin show

Summary: It's one thing for Congress to give you an extra $700 billion in the middle of a fiscal year. It's something else to be told "get rid of it as fast as possible." That in a nut shell is what the Small Business Administration did earlier this year in the now-famous Paycheck Protection Program and Economic Injury Disaster Loans. The Government Accountability Office was handed the job of auditing the auditing of SBA. The Director of GAO’s Financial Markets and Community Investment team, Bill Shear, spoke to Federal Drive with Tom Temin about what it's found so far. Learn more about your ad choices. Visit megaphone.fm/adchoices