Small business owners have had a lot of trouble securing loans to help them weather the coronavirus crisis. Gordon Sondland's business didn't.
Sondland is the founder of Provenance Hotels, a chain of high-end joints that secured a loan from the Paycheck Protection Program, which will distribute more than $300 billion. But he's probably better known as the former U.S. ambassador to the European Union who played a major role in President Trump's impeachment — and who got his job after making a $1 million donation to Trump's inaugural committee.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The funding for small business loans doled out under the federal COVID-19 relief package ran dry within days of its passage. It has since been revealed that huge national chains, including some with valuations over $100 million, managed to secure loans while far smaller businesses never made it through the long lines to apply.
-
Trump officials reinstating 2 Confederate monumentsSpeed Read The administration has plans to 'restore Confederate names and symbols' discarded in the wake of George Floyd's 2020 murder
-
Trump nominates Powell critic for vacant Fed seatspeed read Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been nominated to fill a seat on the Federal Reserve Board of Governors
-
ICE scraps age limits amid hiring pushSpeed Read Anyone 18 or older can now apply to be an ICE agent
-
Trump's global tariffs take effect, with new additionsSpeed Read Tariffs on more than 90 US trading partners went into effect, escalating the global trade war
-
House committee subpoenas Epstein filesSpeed Read The House Oversight Committee has issued a subpoena to the Justice Department for its Jeffrey Epstein files with an Aug. 19 deadline
-
India rejects Trump threat over Russian oilSpeed Read The president said he would raise tariffs on India for buying and selling Russian oil
-
NY's Hochul vows response to Texas gerrymanderSpeed Read Gov. Kathy Hochul has promised to play ball with redistricting that favors the Democrats
-
Texas Democrats exit state to block redistricting voteSpeed Read More than 51 legislators fled the state in protest of the GOP's plan to redraw congressional districts
