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Kamis, 23 April 2020

NEW: Trump mega-donor secured biggest COVID payout

The biggest single recipient of COVID-19 bailout loans is a hotel chain controlled by the Dallas billionaire Monty Bennett — the company received $46 million in loans this month.
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A Trump megadonor got the biggest payout from the Paycheck Protection Program

The biggest single recipient of COVID-19 bailout loans is a hotel chain controlled by the Dallas billionaire Monty Bennett — the company received $46 million in loans this month.

Last month, as the bailout package was being negotiated, Bennett's companies hired two Trump fundraisers as lobbyists, and Bennett made a $50,000 donation to Trump's joint fundraising committee.

Bennett is one of dozens of tycoons rushing to pay Trump-connected lobbyists for access as the government spreads billions of dollars in economic relief, a Business Insider analysis of lobbying-disclosure records found.

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Business Insider


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