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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 nominated University of Maryland finance professor Michael Faulkender as deputy U.S. Treasury secretary, returning him to the department where he helped implement a pandemic relief program that kept paychecks flowing to workers idled by COVID-19.
JD Supra
9h
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
12h
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
22h
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 ...
2h
Trump Selects Kelly Loeffler, a Top Donor, to Head the Small Business Administration
During a brief stint as a senator from Georgia, she became a fervent supporter of the president-elect’s agenda near the end ...
7h
on MSN
2 Mississippi women indicted in $65 million COVID-19 relief scheme: Here's what we know
Two Olive Branch women have been indicted by a federal grand jury on charges of defrauding the government.
10h
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.
6h
on MSN
Canal Winchester man sentenced to more than 15 years in prison for gun, drug, fraud charges
A Canal Winchester man was sentenced to more than 15 years in prison Wednesday on drug, gun and fraud charges, according to ...
Yahoo Finance
12d
Fed’s Pandemic Program to Help Main Street Is Now a Burden for Businesses
The central bank designed the Main Street Lending
Program
to help businesses that were generally too big to apply for ...
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 ...
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Michael Faulkender
United States Department of the Treasury
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