"If you screw the American taxpayer, the government is now gonna say you're cut off — no more."
Page F5From§Eachthe matinee edition — 14 September 2026
THE REPEAT CRACKDOWN
Vance holds fourth 'unprecedented' fraud crackdown, bars 870,000 from loans without saying how many were convicted.
“This is the fourth time they've held a press conference and called it "unprecedented" — that word died the second time they used it, and now it's just the sound the machine makes before it announces a headcount. Eight hundred seventy thousand people, permanently locked out of ever getting a federal loan again, and not one number next to it saying how many of them a judge ever looked at. That's not law enforcement, that's a list, and lists like that always land on the guy who took a $9,000 PPP loan to make payroll in April 2020, never on the guy who gets the podium.”
“Look, when you've got 870,000 documented cases of fraud against the American taxpayer, you act — that's just accountability, that's not — wait, did I say "documented"? What I mean is "alleged," or, well, "suspected," which is functionally the same as documented if you say it at an FBI field office. The Vice President is standing next to the Attorney General, that's basically due process right there. And frankly if you're worried about the conviction number, ask yourself why you're so eager to defend fraudsters — did I say fraudsters? I meant the 870,000 Americans who haven't been charged with anything. That's a separate point I was making, on purpose, just now.”
The receipts
Vice President JD Vance announced on Monday that 870,000 people will be permanently prevented from applying for federal loans amid allegations they previously defrauded the government through the COVID-19 pandemic-era Paycheck Protection Program. Vance made the announcement during a press conference at an FBI field office in Kansas City…
The DOJ disbanded its crypto enforcement team in April 2025 and ordered inconsistent investigations closed - while the president's family runs a crypto business CNBC, 8 April 2025 (Blanche memo)
Vance says 870K people suspected of COVID-era US fraud barred from federal loansA U.S. enforcement push, dubbed "Heartland fraud surge," probed losses involving the Paycheck Protection Program and Economic Injury Disaster Loan program.
Vice President JD Vance is holding a press conference with the White House fraud task force in the Kansas City area on Monday before making a MAGA Inc. campaign stop. The press conference is starting imminently.
The DOJ disbanded its crypto enforcement team in April 2025 and ordered inconsistent investigations closed - while the president's family runs a crypto business CNBC, 8 April 2025 (Blanche memo)
Watch live: Vance, Blanche unveil fraud charges tied to COVID-era emergency loansVice President Vance and Attorney General Todd Blanche are expected to unveil new fraud charges on Monday tied to Emergency Rental Assistance loans issued during the COVID-19 pandemic. The announcement in Kansas City, Mo., comes as the Trump administration continues its efforts to crack down on alleged fraud. Small Business…
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This page is a back-issue: the story as it ran, receipts as they were. The current edition is at the front. The byline is a pen name for a column drafted by a machine and checked by the editor: how this is made.