Wells Fargo Bows Out of Small Business Bailout Program After Receiving $10 Billion of Loan Applications

One of the largest banks in the United States announced that it is no longer accepting applications for a federal program aimed at rescuing small businesses affected by the coronavirus pandemic.

Wells Fargo has stopped accepting new applications for the government’s Paycheck Protection Program, an initiative created by the government to assist U.S. businesses that employ fewer than 500 people. The bank’s decision came after it was inundated with billions of dollars in loan requests since Friday.

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Ocasio-Cortez Blames Pipeline That Hasn’t Been Built Yet for an Oil Spill

by Michael Bastasch   Democratic New York Rep. Alexandria Ocasio-Cortez blamed the Keystone XL pipeline for leaking about 5,000 barrels of oil in rural South Dakota about two years ago. There’s just one problem: The Keystone XL pipeline has not been built yet. During a House hearing Tuesday, Ocasio-Cortez claimed…

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