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NotableEconomyX (Twitter)·SBA (@SBAgov)

FRAUD UPDATE: Today, SBA referred $34 million in past-due Shuttered Venue Operators Grant debt to @USTreasury for collection. The SVOG program was administered entirely by the Biden Administration, ostensibly to support music venues and theaters during the pandemic. Instead, under lax oversight, it became a cash grab for celebrities, music artists, and Hollywood agents. In partnership with @WHFraudTF, the Trump SBA will relentlessly pursue every fraudster, refer every eligible debt for collection, and recover every taxpayer dollar that was improperly awarded.

The Small Business Administration has referred $34 million in overdue Shuttered Venue Operators Grant (SVOG) debt to the Treasury for collection. This action is presented as a pursuit of fraud within a program administered by the Biden Administration.

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Wednesday, August 19, 2026 at 04:30 PM EDT
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