White House Press Secretary’s Parents Received Millions In PPP Loans
White House Press Secretary Kayleigh McEnany’s parents have received millions in federal assistance through Paycheck Protection Program (PPP) loans, according to Daily Dot.
- The data was released by the Small Business Administration after government accountability experts, who were concerned about the program’s lack of transparency, pressured Treasury Secretary Steve Mnuchin to do so.
- McEnany’s parents own McEnany roofing, a commercial roofing company in Florida, which received between $1 million and $2 million dollars from PPP.
- PPP was created by Congress to address some of the economic fallout resulting from the coronavirus pandemic.
- McEnany stated in a Fox News interview in April that the program was designed primarily for companies with 10 or fewer employees:
“The vast majority, as I noted, 1 million of the 1.6 million loans that went out, were companies with 10 or fewer employees. That is what this program is designed to do, that is who it is helping,” she told Ed Henry.
- However, McEnany Roofing is revealed to have 141 employees, according to loan data.
- The data has raised many ethical questions about the conflict of interest posed by companies linked to government officials receiving loans through the program.