President Donald Trump’s administration is moving aggressively to root out corruption and fraud in Minnesota, freezing millions in federal aid and suspending thousands of borrowers amid what officials describe as one of the largest welfare and pandemic-era fraud schemes in U.S. history.
Federal Small Business Administration head Kelly Loeffler announced Thursday that the agency suspended 6,900 Minnesota borrowers suspected of fraudulent activity, affecting nearly 7,900 PPP and EIDL loans worth approximately $400 million.
Loeffler said Minnesota is just the first state under review for pandemic-era fraud, signaling a broader crackdown under the Trump administration’s America First agenda. She stressed that after years of unchecked abuse, the American people would finally see those who stole from taxpayers held accountable.
