
White House pushing Congress to pass funding to combat pandemic-related fraud
President Biden is asking for $600 million for prosecution, including funds to create at least 10 new Justice Department strike forces.
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President Biden is asking for $600 million for prosecution, including funds to create at least 10 new Justice Department strike forces.
Marjorie Taylor Greene said for the government to say debt is forgiven "is completely unfair." The White House tweeted back that she had more than $183,000 in PPP loans forgiven.
Federal prosecutors say Valesky Barosy, 27, of Fort Lauderdale, Florida used COVID-19 relief money to buy $2.2 million in luxury items such as a Lamborghini and Rolex watches.
Lee Price III falsely misrepresented the status of three companies, and used the money to spend thousands on a strip club, properties and luxury items.
The portal, expected to launch August 4, will apply to businesses that have Paycheck Protection Program loans of $150,000 or less.
Just $8 billion remains in the program, earmarked for companies headed by women or minorities.
Harris has been a strong advocate for small businesses that have had trouble obtaining loans to keep them afloat during the long pandemic.
Black and Latino business owners were less than half as likely to be fully approved for loans than White business owners.
Mr. Biden signed a bill extending the deadline to apply for Paycheck Protection Program loans through May 31.
A House subcommittee says it has evidence that mismanagement by the Trump administration led to nearly $84 billion in fraudulent Paycheck Protection Program (PPP) loans. Select committee member and Illinois Representative Raja Kirshnamoorthi joins CBSN's Lana Zak to discuss what's being done to prevent fraudulent PPP loans, the Baby Food Safety Act and the filibuster debate in the Senate.
When signed by President Joe Biden, the new legislation would give businesses another two months to apply for the Paycheck Protection Program.
The current Paycheck Protection Program is set to expire in a few weeks. Many Black-owned businesses have been unable to apply for the program's second round because of unforgiven loans. Gusto's chief operating officer Lexi Reese joins CBSN to discuss.
President Biden held a ceremony Monday evening to honor over 500,000 Americans who died from the coronavirus. Earlier in the day, he made changes to a federal program that helps small businesses impacted by the pandemic. CBS News' Natalie Brand joined CBSN's Elaine Quijano to discuss the latest from the White House.
President Biden will announce several revisions to a federal program helping businesses stay afloat during the pandemic, the Paycheck Protection Program. The changes are aimed at ensuring more small and minority-owned businesses are able to qualify for federal assistance. CBS News senior White House correspondent Weijia Jiang joins CBSN to discuss what those changes entail.
White House wants to provide more support to businesses with fewer than 20 workers, as well as sole proprietors.
Monday marks the first day small businesses can apply for the lated round of help from the Paycheck Protection Program. Lawmakers authorized $284 billion in forgivable loans for struggling businesses as part of the coronavirus relief bill that recently passed. Joanne Canady-Brown, owner of the Gingered Peach Bakery in Lawrenceville, New Jersey, shares her story with CBSN.
The federal loans, which can be forgiven, will have five-year terms and carry an interest rate of 1%.
Many "were being turned down in the first and second round of funding," said president of U.S. Black Chambers.
More than 100,000 U.S. restaurants have been killed off by the pandemic. Will the latest PPP loans for small businesses be enough to save the struggling survivors this winter? CBS MoneyWatch reporter Megan Cerullo tells CBSN why even more eateries could go under.
The pandemic has affected a broad spectrum of businesses. Many are depending on another round of federal help for survival. CFO David Burman of Other Half Brewing Company joins CBSN to share how the New York business has faced the challenge.
A new round of paycheck protection program loans gives special leeway to restaurants — but might not save eateries hanging on by a thread.
The coronavirus pandemic has crippled restaurants and small businesses across the country, but the extension of the Paycheck Protection Program may help. CBS News' Chip Reid spoke with Montana restaurant owner Chuck Tanner about impact and how he's keeping his business going.
The new coronavirus relief bill will provide more than $284 billion in loans for small businesses. The pandemic has forced many to shut down or downsize to make ends meet. Conner Mowles, the president of a company called ParkHub in Dallas, shares some of his challenges with CBSN.
News organizations, high-end co-ops and talent agents will have a better shot at getting a PPP loan in round three.
The owner of Rick's Cabaret got $5.4 million from the Paycheck Protection Program. Its stock soared 70% this year.
The charges would be the first to arise from special counsel Jack Smith's investigations of the former president.
A federal indictment could have more serious implications for former President Trump's 2024 presidential run than the indictment brought against him by a New York grand jury in March, CBS News Political Director Fin Gómez said Thursday.
Susan Lorincz told detectives that she called Ajike Owens' children by racist slurs in the months leading up to the fatal shooting, according to an arrest report.
Forecasts suggest hazy skies and reduced air quality will persist across the Northeast and into the Midwest for at least a few more days.
Funding will come from $5.1 billion approved by the state legislature to secure the border.
The horses tasked with leading the caissons carrying the caskets of fallen service members during funeral honors at Arlington National Cemetery are taking a year-long pause for rehab.
The passenger in the vehicle was wanted in a shooting nearby, police said.
Casey White told those gathered in the Alabama courtroom that he felt like "the most hated man in the world."
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
Casey White told those gathered in the Alabama courtroom that he felt like "the most hated man in the world."
Susan Lorincz told detectives that she called Ajike Owens' children by racist slurs in the months leading up to the fatal shooting, according to an arrest report.
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
A federal indictment could have more serious implications for former President Trump's 2024 presidential run than the indictment brought against him by a New York grand jury in March, CBS News Political Director Fin Gómez said Thursday.
Funding will come from $5.1 billion approved by the state legislature to secure the border.
The new accessible airline seat is proof of "what real leadership looks like," disability activists say.
Australia's national airline has been known for its strict style rules but appears to be lightening up somewhat.
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
Consumers lost $330 million to fraudulent texts last year, with individual victims reporting a median loss of $1,000.
Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.
New York would be following the lead of California, which became the first state to form a reparations task force in 2020.
A federal indictment could have more serious implications for former President Trump's 2024 presidential run than the indictment brought against him by a New York grand jury in March, CBS News Political Director Fin Gómez said Thursday.
The charges would be the first to arise from special counsel Jack Smith's investigations into former President Donald Trump.
Cuba may allow China to establish a facility on its territory capable of conducting electronic surveillance on the United States, CBS News has confirmed.
The horses tasked with leading the caissons carrying the caskets of fallen service members during funeral honors at Arlington National Cemetery are taking a year-long pause for rehab.
A high-end device can cost over $1,000, but there are only a few features you really need, experts say.
A warning for parents as we approach summer: A new report finds hundreds of children die each year from drowning. Here's how to keep them safe.
Air pollution takes an $800 billion annual toll on the U.S. economy. Wildfires — worsened by climate change — are making it worse.
Millions of Americans are under air quality alerts as Canada's wildfires continue to burn. CBS News medical contributor and editor-at-large for Public Health at KFF, Dr. Celine Gounder, joins "CBS Mornings" to discuss the health risks wildfire smoke poses and offers advice on how to protect yourself.
One cardiovascular specialist cautions that breathing the air laden with smoke from the Quebec and Nova Scotia wildfires is "probably worse than smoking a cigarette" in some places.
Young Swedish activist Greta Thunberg says a major landmark in her life means she'll "no longer be able to school strike for the climate."
The new accessible airline seat is proof of "what real leadership looks like," disability activists say.
Australia's national airline has been known for its strict style rules but appears to be lightening up somewhat.
Cuba may allow China to establish a facility on its territory capable of conducting electronic surveillance on the United States, CBS News has confirmed.
Egypt's Environment Ministry said the man was killed after being attacked by a tiger shark in the waters near the city of Hurghada.
With tickets to U.S. shows soaring to absurd heights, some superfans are flying to Europe to catch their favorite acts.
In an interview with British GQ, the "Breaking Bad" star said he planned to take a break from acting in 2026, and maybe move to France with his wife Robin.
"I'm now taking a year off, and that is a result of how difficult this show was," Holland said.
Comedian Fortune Feimster joins "CBS Mornings" to discuss her new series "Fubar" and acting alongside Arnold Schwarzenegger.
More than 100 fiction and nonfiction features will unspool at the New York City festival, with many available for home viewing through July 2 via the Tribeca At Home platform. Check out some recommended picks.
More than 8.3 million homes and businesses nationwide don't have access to high-speed broadband service, according to the Federal Communications Commission.
For our "Changing the Game" series, we are highlighting Leanne Pittsford, the CEO and founder of Lesbians Who Tech & Allies. She joins "CBS Mornings" to discuss creating a tech company to help promote visibility and inclusion for LGBTQ+ people.
The SEC is suing crypto trading platform Coinbase, saying it is operating illegally as it failed to register as an exchange. It's the latest move in a crackdown against crypto companies. Jon-Jorge Aras, a partner at Warren Law Group and head of the firm's securities litigation, has more.
Some big tech companies are rolling back policies put in place to curb misinformation around the 2020 election, spurring concerns voters may find it difficult to decipher what information is real and what's fake in the 2024 presidential election cycle. CBS News election law contributor David Becker has more.
A new study claims that artificial intelligence is more accurate at predicting a patient's cancer risk than traditional methods. Janet Shamlian takes a look at how the emerging technology could help breast cancer diagnoses.
Young Swedish activist Greta Thunberg says a major landmark in her life means she'll "no longer be able to school strike for the climate."
Millions of Americans spent a second day Thursday under a veil of smoke from wildfires burning in Canada. The smoke was so thick in New York City Wednesday the air quality blew well past what is considered hazardous. CBS News correspondent Christina Ruffini reports from Arlington, Virginia, where the air is now sweeping through.
The East Coast has been engulfed with smoke over the past few days, all stemming from a string of wildfires from Canada. White House national climate adviser Ali Zaidi joins "America Decides" to discuss how the Biden administration is mitigating the poor air quality conditions.
New research is looking into why it's been so long since "the big one" has hit along the southern San Andrea Fault Line and how a nearby body of water may influence earthquakes. Ryley Hill, who led the study, joins CBS News' Lana Zak and Errol Barnett with more.
DNA analysis determined that the crocodile's nonviable fetus was 99.9% genetically identical to its mother.
Casey White told those gathered in the Alabama courtroom that he felt like "the most hated man in the world."
Donald Santini had been on the run since 1984, when Florida authorities linked him to the strangling death of Cynthia Wood.
Susan Lorincz told detectives that she called Ajike Owens' children by racist slurs in the months leading up to the fatal shooting, according to an arrest report.
The passenger in the vehicle was wanted in a shooting nearby, police said.
"I think our family's got some peace and I would even say closure," Steve Johnson told reporters outside the court.
NASA managers say SpaceX Super Heavy/Starship rocket and lunar lander testing may push Artemis crew landing to 2026.
The Parker Solar Probe answered decades of questions about so-called "solar storms," which create "beautiful auroras on Earth" but also "wreak havoc with satellites and the electrical grid."
The Dragon carries needed crew supplies and equipment, along with two roll-out solar array blankets.
One of the new images, part of an "astronomical treasure trove" reveal asteroid tails shooting across the far-off galaxy.
In a first of its kind event, the European Space Agency on Friday livestreamed images of Mars in what it called an opportunity "to get as close as it's currently possible" to the Red Planet.
See the details of the bizarre case.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
Vero Beach Police investigators focused on cellphone tower pings and surveillance footage cameras to catch a man who murdered his former girlfriend.
Former President Donald Trump said Thursday that he was indicted in connection with a federal investigation into his handling of sensitive government documents after he left the White House, a historic move that is likely to roil the ongoing 2024 presidential race. CBS News congressional correspondent Scott MacFarlane reports.
The cost of child care has been rising for decades, and the situation grew worse as the pandemic closed facilities. Centers are struggling to rehire workers. Meg Oliver reports.
The Supreme Court invalidated a congressional map drawn by state lawmakers in Alabama after the 2020 Census. CBS News election law expert David Becker joins "CBS Mornings" to discuss the unexpected ruling.
Residents and rescue workers evacuating from flooded Kherson have come under shelling, adding to the destruction facing the area since a major dam was attacked on Tuesday. Meanwhile, on the front line, Ukrainian troops have stepped up offensive operations and Kyiv claims to have made steady gains. Debora Patta reports.
Dangerously bad air due to Canadian wildfires is still affecting millions of Americans, and hazy skies and reduced visibility are expected in the central and eastern U.S. over the next few days, says meteorologist Stephanie Abrams with The Weather Channel. The worst air quality Friday is expected in cities including Detroit and Pittsburgh.