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Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced economist Michael Faulkender as his pick for deputy secretary of the Treasury on Wednesday, the second-highest ranking position at the department. If confirmed, Faulkender would serve under Scott Bessent,
Trump Picks Faulkender as Bessent’s Deputy Treasury Secretary
President-elect Donald Trump selected finance professor Michael Faulkender — who implemented a key pandemic-era relief program during his first presidency — to be the deputy Treasury secretary.
Trump Picks Finance Professor Faulkender for Deputy Treasury Secretary
U.S. President-elect Donald Trump on Wednesday named University of Maryland finance professor Michael Faulkender as his choice to serve as the deputy secretary of the U.S. Treasury Department. "Mike is a distinguished Economist and Policy practitioner who will drive our America First Agenda,
JD Supra
2h
Paycheck Protection Program: Potential Liability Grows
Although the Paycheck Protection Program ended in 2021, PPP loan enforcement and litigation remain alive and well. Government and private ...
The Progress-Index on MSN
5h
Army major, two sergeants charged with fraud for illegally claiming COVID-19 loans
Major Eduwell Jenkins, 42, and Sgt. Malaysia Stubbs, 30, pleaded guilty to obtaining fraudulent Paycheck Protection Program ...
Journal-Courier
14h
State watchdog uncovers at least $7.2M in PPP fraud by state employees
A state watchdog found $7.2 million in fraudulent PPP claims by Illinois state employees, with more than 275 misconduct cases ...
1d
Blueacorn founders, who helped more than 3,200 Long Island firms, face PPP fraud charges
The couple's company, Blueacorn, helped two lenders make PPP loans nationwide, including more than 3,200 on Long Island that ...
3h
Soldier ran half-baked pie scam to win COVID loans, feds say
A soldier at Fort Gregg-Adams, Virginia was indicted for receiving small business relief loans for a fake bakery.
FOX 10 Phoenix on MSN
6d
Former ABC 15 anchor Stephanie Hockridge and her husband plead not guilty to alleged PPP fraud scheme
Stephanie Hockridge, a former anchor at ABC 15 in Phoenix, and her husband, Nathan Reis, are accused of submitting false and ...
2d
Why small-business lending may see 'light at the end of the tunnel' in 2025
“ Pent-up demand for growth and operational improvements—stifled by the high-rate environment of 2024—should begin to ...
20h
Illinois state watchdog uncovers at least $7.2M in PPP fraud by state employees
IDHS declined to comment on why so many of its employees were implicated. IDHS is the largest public agency in Illinois, ...
WAND
1d
Former Illini football player due in federal court next week
EAST ST. LOUIS, Ill. (WAND) — A former University of Illinois football player will be appearing in federal court next week.
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