WASHINGTON, D.C. — On June 10, Sen. Kamala D. Harris and Rep. Katie Porter, both from California, called on congressional leadership to remove a roadblock hampering oversight of taxpayer dollars going to large corporations. Harris and Porter urged leaders of both parties to quickly appoint a chairperson of the Congressional Oversight Commission, which oversees a $500 billion fund for bailing out the nation’s biggest companies.
The Congressional Oversight Commission was created as part of the CARES Act. It has the authority to conduct hearings and gather evidence about how the executive branch administers the $500 billion coronavirus relief fund for large corporations. However, the commission is limited in its ability to exercise its powers without a majority vote. Since the CARES Act became law on March 27, congressional leadership has yet to appoint a chairperson — a person jointly agreed upon by House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell — restricting the oversight that can be done.Details: https://tinyurl.com/coronavirusoversightletter