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The Pandemic Economy

Fiscal Responses to COVID-19

Our latest investigations into the efforts to save Americans’ livelihoods in an unprecedented crisis.

Impact of Our Reporting

The Pandemic Economy

Fintechs Made “Massive Profits” on PPP Loans and Sometimes Engaged in Fraud, House Committee Report Finds

An investigation that began after reporting by ProPublica finds lax anti-fraud standards, executives who cashed in for themselves and contempt for small loan applications that would generate minimal fees. “Delete them,” one executive wrote.

The Pandemic Economy

An Online Lender Gave Hundreds of PPP Loans to Fake Farms. Now Congress Is Investigating.

A House committee has opened a probe into loans by Kabbage and other fintech companies after ProPublica reported that millions had gone to businesses that do not exist.

The Pandemic Economy

The Federal Government Will Now Give PPP Loans to Borrowers in Bankruptcy

Thousands of companies working their way out of bankruptcy are now eligible for the Paycheck Protection Program after ProPublica reported that the Small Business Administration had been excluding them.

The Pandemic Economy

New Bill Proposes Stopping Unemployment Agencies That Make Mistakes From Demanding Money Back

State unemployment agencies have been demanding recipients repay thousands of dollars, even if the agency made the mistake and the money’s already been spent. After ProPublica investigated the practice, legislators are trying to end it.

The Pandemic Economy

The Trump Administration Allowed Aviation Companies to Take Bailout Funds and Lay Off Workers, Says House Report

Instead of using bailout money to keep workers, at least two companies restored the full pay of their top management.

The Pandemic Economy

Demandaron a miles de prestatarios durante la pandemia, hasta que comenzamos a hacer preguntas

A meses de haber comenzado la pandemia, un prestamista que se comercializa entre los inmigrantes latinos siguió demandando a sus prestatarios, a pesar de que estos perdieron sus empleos y se retrasaron con sus pagos. No obstante, la compañía dio marcha atrás cuando nosotros comenzamos a hacer preguntas.

The Pandemic Economy

They Sued Thousands of Borrowers During the Pandemic — Until We Started Asking Questions

Months into the pandemic, a lender that markets to Latino immigrants continued to sue borrowers after they lost jobs and missed payments. But they reversed course when we started asking questions.

The Pandemic Economy

Stop Seizing Paychecks, Senators Write to Capital One and Other Debt Collectors

Wage garnishments ordered before the pandemic started have continued for many workers during the recession. Senators Elizabeth Warren and Sherrod Brown have demanded an end to the practice.

They Promised Quick and Easy PPP Loans. Often, They Only Delivered Hassle and Heartache.

The Government Gave Free PPP Money to Public Companies Despite Warning Them Not to Apply

This Company Got a $10 Million PPP Loan, Then Closed Its Plant and Moved Manufacturing Jobs to Mexico

Hundreds of PPP Loans Went to Fake Farms in Absurd Places

How a Federal Agency Excluded Thousands of Viable Businesses From Pandemic Relief

How the Pandemic Economy Could Wipe Out a Generation of Black-Owned Businesses

A Deputy Prosecutor Was Fired for Speaking Out Against Jail Time for People Who Fall Behind on Rent

Judge Orders the Release of Data on Emergency Loans for Small Businesses

Millions Still Haven’t Gotten Stimulus Checks, Including Many Who Need Them Most

The Fed Saved the Economy but Is Threatening Trillions of Dollars Worth of Middle-Class Retirement

Now in Government Food Aid Boxes: A Letter From Donald Trump

Black Workers Are More Likely to Be Unemployed but Less Likely to Get Unemployment Benefits

How Hotel Chains Got a Slice of Government Aid for Small Businesses

How the Trump Administration Allowed Aviation Companies to Keep Relief Money That Was Supposed to Go to Workers

The Small Biz Double-Dip: Temp Companies Got Cheap Government Money, Got Paid by Clients for the Same Workers

The Eviction Ban Worked, but It’s Almost Over. Some Landlords Are Getting Ready.

Thousands of Small Business Owners Have Not Gotten Disaster Loans the Government Promised Them

Different Names, Same Address: How Big Businesses Got Government Loans Meant for Small Businesses

The Airline Bailout Loophole: Companies Laid Off Workers, Then Got Money Meant to Prevent Layoffs

Trump Administration Discloses Some Recipients of $670 Billion Small Business Bailout

Oyster, Air Fryer and Bicycle Companies Say Their Goods Are Essential to Fighting Coronavirus So They Can Get Tariff Relief

Capital One and Other Debt Collectors Are Still Coming for Millions of Americans

This Treasury Official Is Running the Bailout. It’s Been Great for His Family.

Can You Be Evicted During Coronavirus? Here’s How to Find Out.

The Trump Administration Says a New Bailout Program Will Help 35 Million Americans. It Probably Won’t.

ProPublica Joins News Organizations in Suing for Small Business Program Loan Info

The Bailout Is Working — for the Rich

Did Your Company Get Bailout Money? Are the Employees Benefiting From It?

Millions of People Face Stimulus Check Delays for a Strange Reason: They Are Poor

Despite Federal Ban, Landlords Are Still Moving to Evict People During the Pandemic

Millions of Americans Might Not Get Stimulus Checks. Some Might Be Tricked Into Paying TurboTax to Get Theirs.

How the Coronavirus Bailout Repeats 2008’s Mistakes: Huge Corporate Payoffs With Little Accountability

For Americans With Bills to Pay, Help Is on the Way. Sort Of.

Having Trouble With Your Rent, Mortgage or Debts? We Want to Hear From You.

We Tracked the Last Time the Government Bailed Out the Economy. Here’s What to Know About the $1 Trillion Coronavirus Plan.

Work in Government, Finance or an Industry Affected by the Trump Administration’s Bailouts? Talk to Us.