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Government Watchdog: DFS hasn’t used any of the $100 million in funds given to fix COVID supply chain crisis

Illustration from files

Agency Started Under Former President Donald Trump



A federal agency given $100 million by the Trump administration to help fix coronavirus supply chain issues has not yet spent a single penny, according to the a government watchdog.

The International Development Finance Corporation (DFC) was previously headed by President Trump’s son-in-law Jared Kushner’s college roommate, Adam Boehler. Per the Defense Production Act in May 2020, Trump tasked the DFC with doling out $100 million in loans from Pentagon funding through the CARES Act.

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