Connect with us
DAPA Banner

Business

Kelly Loeffler unveils sweeping SBA fraud audit of $50 billion program

Published

on

Kelly Loeffler unveils sweeping SBA fraud audit of $50 billion program

Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50 billion program she said has “never been looked at” and barring 112,000 borrowers from future aid over COVID-era loan fraud.

“There are dozens of programs across this government that need to be reviewed,” Loeffler said on “Mornings with Maria.”

Advertisement

“I found a program that we had in our agency about 50 years old, [that has] never been looked at, $50 billion, so what we’re doing is auditing each participant in the program, and we’re looking back at COVID-era loans.”

GOP SENATORS LAUNCH TASK FORCE TO CRACK DOWN ON FRAUD TIED TO MINNESOTA SCANDAL

Kelly Loeffler speaking at a podium

U.S. Administrator of the Small Business Administration Kelly Loeffler speaks ahead of U.S. Vice President JD Vance at Pointe Precision on Feb. 26 in Plover, Wis. (Matt Rourke-Pool/Getty Images / Getty Images)

The SBA chief said 112,000 borrowers in California are banned from ever getting SBA assistance again for allegedly defrauding COVID-era loan programs and expressed gratitude to Vice President JD Vance for leading the charge in the fight against fraud.

President Donald Trump tapped Vance to spearhead the administration’s “war on fraud” during his State of the Union address last month, a task the vice president accepted with a promise to root out “stolen” taxpayer money on a systematic level.

Advertisement

PHILADELPHIA MEN REPEATEDLY TRAVELED TO MINNEAPOLIS TO CARRY OUT $3.5M HOUSING FRAUD SCHEME: DOJ

Vice President JD Vance

Vice President JD Vance delivers remarks at Hatch Stamping on Sept. 17, 2025 in Howell, Mich. President Trump tapped Vance to spearhead the administration’s “war on fraud.” (Bill Pugliano/Getty Images / Getty Images)

The American people want accountability. They want to make sure their hard-earned tax dollars are not going to fraudsters,” Loeffler said.

“People that have come here and built businesses on defrauding the government… we’re going to see results on that and make sure that we change it for good. These changes need to be durable and sustainable for the American taxpayer.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement

Loeffler has already paused some SBA loans to Minnesota amid a widespread fraud investigation in the state.

She vowed to go “state by state” to weed out offenders, telling the New York Post that the push is part of a greater effort to “contribute meaningfully” to Vance’s fraud task force.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

NYT Connections Answers and Hints for April 4 2026 Puzzle #1028 Revealed

Published

on

Nancy Guthrie

The New York Times Connections puzzle for Saturday, April 4, 2026 — No. 1,028 — challenged players with 16 words that invited creative associations ranging from idioms to geography and summer activities.

The New York Times Connections
The New York Times Connections

The daily word-grouping game, launched in 2023, requires solvers to sort 16 words into four groups of four based on shared themes. Categories range in difficulty from yellow (easiest) to purple (hardest). Testers rated today’s puzzle a relatively gentle 2 out of 5 in difficulty, according to the official companion article.

The 16 words presented were: Dogs, Let, Lie, Sleeping, Cover, Mask, Screen, Shield, Bluff, Cape, Point, Spit, Band, Base, Boot, Summer.

Here are the complete solutions, with spoiler warnings for those still solving.

Yellow (Easiest): “Let Sleeping Dogs Lie” Dogs, Let, Lie, Sleeping

Advertisement

This category draws directly from the well-known idiom advising people to avoid stirring up old troubles or controversies. The phrase suggests leaving a situation undisturbed, much like not waking a resting dog. Solvers who spotted the partial idiom early often breezed through this group.

Green: Obscure Cover, Mask, Screen, Shield

These words all relate to hiding, protecting or placing something in front of another object or concept. A “cover” story conceals truth, a “mask” hides identity, a “screen” can block view or information, and a “shield” protects from harm or scrutiny. The category rewards recognition of verbs or nouns used metaphorically for concealment.

Blue: Coastal Landforms Bluff, Cape, Point, Spit

Advertisement

Geography enthusiasts likely excelled here. These terms describe specific features along coastlines or bodies of water. A “bluff” is a steep cliff or bank, a “cape” is a headland jutting into the sea, a “point” is a narrow extension of land, and a “spit” is a narrow sandbar formed by water currents. The group highlights precise terminology from physical geography.

Purple (Hardest): _____ Camp Band, Base, Boot, Summer

This trickiest category involves words that commonly precede or pair with “camp” to form compound terms or familiar phrases. “Band camp” refers to music-focused youth programs, “base camp” is a mountaineering or expedition staging area, “boot camp” denotes rigorous military-style training, and “summer camp” evokes classic childhood experiences with cabins and activities. The purple difficulty stems from the need to think beyond literal meanings to common collocations.

Solving Strategies and Tips

Many players approached the grid by first scanning for obvious idioms or strong thematic clusters. Spotting “Sleeping,” “Dogs,” “Let” and “Lie” often unlocked the yellow category quickly, providing momentum.

Advertisement

For the green group, considering synonyms for “hide” or “protect” helped connect the dots. The blue coastal terms stood out to those with travel or nature knowledge, though “spit” as a landform occasionally tripped up solvers unfamiliar with the term.

The purple category proved most elusive for some, requiring a lateral leap to “camp” as a connector. Hints from sites like TheGamer suggested thinking about activities or places associated with tents and structured programs, particularly those popular with youngsters.

Experienced solvers recommend starting with potential idioms or multi-meaning words. Grouping by part of speech or looking for words that fit common prefixes/suffixes can also accelerate progress. On hard mode or when stuck, eliminating one strong category often reveals connections in the remaining words.

Community Reactions and Performance

Early feedback on social platforms and the NYT companion comments described the puzzle as fair and enjoyable, with many achieving perfect or near-perfect solves. The low difficulty rating contributed to higher success rates compared to more punishing recent editions.

Advertisement

Some players noted the satisfying “aha” moment when connecting the coastal landforms or realizing the “camp” pairings. Others admitted overthinking the purple category, initially linking words to music or military themes without landing on the shared “camp” element.

The puzzle’s timing on a spring Saturday — coinciding with Easter weekend observances for many — added a light, seasonal feel, though no direct holiday references appeared in the grid.

Connections’ Growing Popularity

Since its debut, Connections has become a staple alongside Wordle and the Mini Crossword in The New York Times Games portfolio. Millions play daily, sharing color-coded grids on social media and competing for streaks. The game’s appeal lies in its blend of vocabulary, lateral thinking and cultural knowledge without requiring specialized expertise.

For April 4, 2026, the mix of an idiom, verbs of concealment, geographic features and compound phrases offered balanced challenge. Players who missed categories could still complete the puzzle with lives remaining, as the NYT system allows four mistakes before ending the attempt.

Advertisement

Tips for Future Puzzles

  • Look for words with multiple common usages.
  • Consider idioms, song titles, brand names or pop culture references.
  • Group by theme rather than obvious synonyms.
  • Use the color progression: solve easier groups first to reduce options.
  • If stuck, pause and return with fresh eyes — Connections rewards patience.

The New York Times provides an official companion article with incremental hints, revealing one word per category for those needing a nudge without full spoilers. Community sites and bots offer additional analysis of puzzle difficulty based on aggregate solve data.

Looking ahead, Sunday’s puzzle (No. 1,029) will present a fresh grid for Easter Sunday players seeking a mental break between family activities.

Whether you nailed all four categories in order or needed several attempts, today’s Connections reinforced why the game resonates: it turns ordinary words into surprising connections and delivers that rewarding click when groups align.

For those who enjoy tracking performance, the NYT Games app and website save daily results and statistics. Sharing solves with friends or family can turn the solitary puzzle into a group activity, especially during holiday weekends.

The April 4 edition stands as an accessible entry in the Connections catalog, welcoming both newcomers and veterans with clever but not cruel wordplay.

Advertisement
Continue Reading

Business

State pension age starts rising to 67 – here's how much you get and when

Published

on

State pension age starts rising to 67 - here's how much you get and when

The age at which people can start receiving the state pension is going up in stages over the next two years.

Continue Reading

Business

Drugs Made In America Acquisition II Corp. enters $300,000 convertible note agreement

Published

on


Drugs Made In America Acquisition II Corp. enters $300,000 convertible note agreement

Continue Reading

Business

Form 13D/A Stardust Power Inc. For: 3 April

Published

on


Form 13D/A Stardust Power Inc. For: 3 April

Continue Reading

Business

First Resource Bancorp, Inc. (FRSB) Presents at Banking Virtual Investor Conference – Slideshow

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

First Resource Bancorp, Inc. (FRSB) Presents at Banking Virtual Investor Conference – Slideshow

Continue Reading

Business

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

Published

on

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions


Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

Continue Reading

Business

Form 13D/A WILLIS LEASE FINANCE CORP For: 3 April

Published

on


Form 13D/A WILLIS LEASE FINANCE CORP For: 3 April

Continue Reading

Business

Apple SVP O’Brien sells $7.6m in AAPL stock

Published

on


Apple SVP O’Brien sells $7.6m in AAPL stock

Continue Reading

Business

Majalya of Trinet group sells $28,690 in stock

Published

on


Majalya of Trinet group sells $28,690 in stock

Continue Reading

Business

NeuroOne Medical Technologies shareholders approve reverse stock split and equity plan changes

Published

on


NeuroOne Medical Technologies shareholders approve reverse stock split and equity plan changes

Continue Reading

Trending

Copyright © 2025