Trump gave an agency $100 million to fight Covid. Here’s what happened.

Guno צְבִי

Guno צְבִי

We fight, We win, Am Yisrael Chai
A federal agency that was run by a college friend of Jared Kushner and assigned $100 million to spend on fixing the Covid supply chain crunch has so far failed to invest a single dime, according to a new government watchdog report.

Back in 2020, the Trump administration directed the International Development Finance Corporation (DFC) to loan out $100 million in Pentagon funds through the CARES Act to "finance the domestic production of strategic resources needed to respond to the COVID-19 outbreak, and to strengthen any relevant domestic medical supply chains."

Companies were encouraged to apply for financial backing to help increase U.S. distribution of ventilators, vaccines, medical testing supplies, Personal Protective Equipment (PPE), and other relevant products. According to a new Government Accountability Office report, 178 applications flooded into the agency’s downtown Washington, D.C., office but no money flowed out.

The agency’s portal for loan applications has now been paused and its authority to make Covid-related loans ends on March 26.

https://www.msn.com/en-us/news/poli...ere-s-what-happened/ar-AAQOD9p?ocid=Peregrine
 
Hello guno,

guno said:
A federal agency that was run by a college friend of Jared Kushner and assigned $100 million to spend on fixing the Covid supply chain crunch has so far failed to invest a single dime, according to a new government watchdog report.

Back in 2020, the Trump administration directed the International Development Finance Corporation (DFC) to loan out $100 million in Pentagon funds through the CARES Act to "finance the domestic production of strategic resources needed to respond to the COVID-19 outbreak, and to strengthen any relevant domestic medical supply chains."

Companies were encouraged to apply for financial backing to help increase U.S. distribution of ventilators, vaccines, medical testing supplies, Personal Protective Equipment (PPE), and other relevant products. According to a new Government Accountability Office report, 178 applications flooded into the agency’s downtown Washington, D.C., office but no money flowed out.

The agency’s portal for loan applications has now been paused and its authority to make Covid-related loans ends on March 26.

https://www.msn.com/en-us/news/poli...ere-s-what-happened/ar-AAQOD9p?ocid=Peregrine
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Trusting your national COVID response to Jared Kushner is like trusting your chickens to Col Sanders.
 
guAno said:
A federal agency that was run by a college friend of Jared Kushner and assigned $100 million to spend on fixing the Covid supply chain crunch has so far failed to invest a single dime, according to a new government watchdog report.

Back in 2020, the Trump administration directed the International Development Finance Corporation (DFC) to loan out $100 million in Pentagon funds through the CARES Act to "finance the domestic production of strategic resources needed to respond to the COVID-19 outbreak, and to strengthen any relevant domestic medical supply chains."

Companies were encouraged to apply for financial backing to help increase U.S. distribution of ventilators, vaccines, medical testing supplies, Personal Protective Equipment (PPE), and other relevant products. According to a new Government Accountability Office report, 178 applications flooded into the agency’s downtown Washington, D.C., office but no money flowed out.

The agency’s portal for loan applications has now been paused and its authority to make Covid-related loans ends on March 26.

https://www.msn.com/en-us/news/poli...ere-s-what-happened/ar-AAQOD9p?ocid=Peregrine
Click to expand...

More lie filled bullshit. Trump can't "give" anyone anything. The authorization to spend Government funds and loans comes directly from congress.

If you weren't such an ignorant, uneducated race hustling repugnant, lying, low IQ, worthless piece of human filth, you could comprehend the obvious. :palm:

guAno
noun
gua·no | \ ˈgwä-(ˌ)nō
: a fertilizer containing the accumulated excrement of seabirds or bats broadly : excrement especially of seabirds or bats
 
Truth Detector said:
More lie filled bullshit. Trump can't "give" anyone anything. The authorization to spend Government funds and loans comes directly from congress.

If you weren't such an ignorant, uneducated race hustling repugnant, lying, low IQ, worthless piece of human filth, you could comprehend the obvious. :palm:

guAno
noun
gua·no | \ ˈgwä-(ˌ)nō
: a fertilizer containing the accumulated excrement of seabirds or bats broadly : excrement especially of seabirds or bats
Click to expand...

That poster is in the top 5 most retarded leftists on this site.
 
Truth Detector said:
More lie filled bullshit. Trump can't "give" anyone anything. The authorization to spend Government funds and loans comes directly from congress.
Click to expand...

The authorization for trump to give the money to kushner's college buddy came from Congress. trump picked kushner's college buddy without any review from Congress, and then kushner's college buddy did nothing with the money all on his own.

trump was supposed to pick someone competent who would work out how to spend the money. Instead, he picked kushner's college buddy who paid himself to make decisions, and then did not make decisions.
 
Walt said:
The authorization for trump to give the money to kushner's college buddy came from Congress. trump picked kushner's college buddy without any review from Congress, and then kushner's college buddy did nothing with the money all on his own.

trump was supposed to pick someone competent who would work out how to spend the money. Instead, he picked kushner's college buddy who paid himself to make decisions, and then did not make decisions.
Click to expand...

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