Treasury Secretary Mnuchin says it was 'outrageous' for the LA Lakers to take a small business loan

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Treasury Secretary Mnuchin says it was 'outrageous' for the LA Lakers to take a small business loan
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Steven Mnuchin, U.S. Treasury secretary, right, speaks beside U.S. President Donald Trump during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C.

Steven Mnuchin, U.S. Treasury secretary, right, speaks beside U.S. President Donald Trump during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.

S., on Tuesday, March 17, 2020.
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Los Angeles Lakers Received and Returned Their Coronavirus LoanLos Angeles Lakers Received and Returned Their Coronavirus LoanThe Los Angeles Lakers received and then returned a loan from the federal government’s Paycheck Protection Program for small businesses, the team said.
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Public companies took far more small business loans than first thought — here's the latest tallyPublic companies took far more small business loans than first thought — here's the latest tallyData from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding.
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Even The LA Lakers Got A PPP Small Business LoanEven The LA Lakers Got A PPP Small Business LoanThe Los Angeles Lakers — one of the NBA's most profitable franchises — have returned money they received from a federal loan program intended for small companies. More than 200 public companies are still holding onto money from the program.
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Bank of America CEO calls for Congress to 'fully fund' small business loan program: 'Just get the work done'Bank of America CEO calls for Congress to 'fully fund' small business loan program: 'Just get the work done'Brian Moynihan said Congress should make sure the small business loan program is fully funded so that every business that qualifies can receive a loan.
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