President Trump admin to freeze nearly 7,000 loans

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President Trump admin to freeze nearly 7,000 loans

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The Trump administration is blocking almost 7,000 small business loans in Minnesota, suspending them going forward after $400M in potentially fraudulent pandemic-era loans were uncovered by the Small Business Administration. These borrowers will be banned from all SBA loan programs, including disaster loans, and cases will be referred to federal law enforcement for prosecution and repayment. The scandal has also prompted the U.S. Department of Health and Human Services to freeze all childcare payments to Minnesota, citing 'blatant fraud'.

Remember: Timmy Walz was told by 400–480 DHS employees and others in November-December 2025, claiming to represent them accusing Walz of ignoring early fraud warnings and retaliating against staff who reported misconduct. Walz turned a blind eye to the whistleblowers.
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