INSIDER
Trump donors among early recipients of coronavirus loans
Read full article: Trump donors among early recipients of coronavirus loansMany were among the first to be approved for a loan in early April, when the administration was struggling to launch the lending program. There is no evidence the companies received favorable treatment as a result of their ties to Trump, and the businesses account for just a fraction of the overall spending under the program. But the distribution of relief money is coming under heightened scrutiny after the Trump administration initially refused to reveal which companies received loans, only to cave under growing bipartisan pressure from Congress. Among the recipients named Monday was the conservative website NewsMax, which was approved for a loan up to $5 million on April 13, the data shows. And Trump donors aren't the only people with ties to the president who have benefited.