Trump Official Tied to Firm That Took Over $116,000 In PPP Money When He Was in Congress
Director of National Intelligence John Ratcliffe’s Spouse Co-founded Firm That Took Taxpayer-funded Loan When He Was Able to Vote on Bill
WASHINGTON, D.C. — When he was a member of Congress, current Director of National Intelligence John Ratcliffe’s spouse’s law firm accepted a six-figure government loan authorized by the CARES Act, according to a story published today in the Dallas Morning News.
“This loan raises a number of serious questions about whether another senior Trump official abused the public trust to serve himself before the American people,” said Kyle Herrig, president of Accountable.US. “Small businesses across the country are struggling to keep their doors open while the those in positions of power in the administration have been profiting off the American people.”
Earlier this year, Ratcliffe disclosed that his spouse made more than $1,000,000 in salary and bonuses at the firm, which took a Paycheck Protection Program loan worth over $116,000. The program was originally intended to support small businesses struggling to make payroll in order to protect jobs.
Ratcliffe, a self-styled fiscal conservative, said at the time, “I don’t ordinarily support sweeping legislative packages that cost trillions of dollars.”
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