Trump gave an agency $100 million to fight Covid. Here’s what happened.

R&I – FS

 

A federal agency that was run by a college friend of Jared Kushner and assigned $100 million to spend on fixing the Covid supply chain crunch has so far failed to invest a single dime, according to a new government watchdog report.

Back in 2020, the Trump administration directed the International Development Finance Corporation (DFC) to loan out $100 million in Pentagon funds through the CARES Act to “finance the domestic production of strategic resources needed to respond to the COVID-19 outbreak, and to strengthen any relevant domestic medical supply chains.”

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Article URL : https://www.msn.com/en-us/news/politics/trump-gave-an-agency-100-million-to-fight-covid-here-s-what-happened/ar-AAQOD9p?ocid=Peregrine