Joni Ernst accuses SBA of transparency problem after relief funds ran out

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Joni Ernst accuses SBA of transparency problem after relief funds ran out
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accused the Small Business Administration of not being transparent about its spending of disaster relief funds after the agency

Sen. Joni Ernst speaks to reporters after a closed-door meeting with fellow Republicans at the Capitol in Washington, Tuesday, Sept. 24, 2024. “These considerable missteps by your agency and its urgent supplemental funding request raise significant questions as to the SBA’s ability to monitor its disaster portfolio,” she added.

news stories broke,” she wrote. “Under existing law, the SBA already has several reporting requirements to provide Congress with sufficient notification and information before any shortfall occurs in its disaster account. Unfortunately, the SBA failed to comply, or only partially complied, withErnst also hinted at possible political reasons behind the failure, adding, “We must consider whether SBA’s internal decisions were the catalyst for this unfortunate situation.

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