A U.S. House subcommittee determined that Trump administration officials gave Yellow Corp. $700 million in pandemic assistance despite objections from career officials in the Defense Department.
Corporate lobbyists helped the company secure the loan, and former top officials, including Treasury Secretary Steven Mnuchin and Defense Secretary Mark Esper, pushed to give Yellow the money, according to The New York Times.
Yellow (Nasdaq: YELL) was long based in Overland Park, but it moved its headquarters…Report: Yellow got $700M loan despite objections from Defense Department
A U.S. House subcommittee determined that Trump administration officials gave Yellow Corp. $700 million in pandemic assistance despite objections from career officials in the Defense Department.
Corporate lobbyists helped the company secure the loan, and former top officials, including Treasury Secretary Steven Mnuchin and Defense Secretary Mark Esper, pushed to give Yellow the money, according to The New York Times.
Yellow (Nasdaq: YELL) was long based in Overland Park, but it moved its headquarters…