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COVID-19 Congressional Oversight Commission
The COVID-19 Congressional Oversight Commission (COC) is an oversight body in the United States created by the CARES Act. They will report to Congress every 30 days on how the Department of the Treasury and the Federal Reserve Board manage the funds until September 30, 2025. These reports will assess: *The economic impact the disbursements have on the populace, financial markets, and financial institutions *The transparency of how the money is used *The long-term costs and benefits to taxpayers taking on loans made by the legislation Membership The COC has a similar composition and remit as the TARP Congressional Oversight Panel. It will have five members, one member each appointed by the House Speaker (Nancy Pelosi), House Minority Leader (Kevin McCarthy), Senate Majority Leader (Mitch McConnell), Senate Minority Leader (Chuck Schumer), and the chair chosen jointly by the House Speaker and Senate Majority Leader. They need not be members of Congress. As of 18 May 2020, the chair r ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Chuck Schumer
Charles Ellis Schumer ( ; born November 23, 1950) is an American politician serving as the Seniority in the United States Senate, senior United States Senate, United States senator from New York (state), New York, a seat he has held since 1999. A member of the Democratic Party (United States), Democratic Party, he has led the Senate Democratic Caucus since 2017 and served as Senate Majority Leader, Senate majority leader from 2021 to 2025. He has served two stints as Senate minority leader, from 2017 to 2021 and since 2025. He became New York's Seniority in the United States Senate, senior senator in 2001, upon Daniel Patrick Moynihan's retirement. Elected to a fifth term in 2022, Schumer surpassed Moynihan and Jacob K. Javits as the longest-serving List of United States senators from New York, U.S. senator from New York. He is the dean of United States congressional delegations from New York, New York's congressional delegation. A native of Brooklyn and a graduate of Harvard Co ...
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United States House Select Subcommittee On The Coronavirus Crisis
The United States House Select Subcommittee on the Coronavirus Pandemic, formerly the Select Subcommittee on the Coronavirus Crisis, was a bipartisan United States House of Representatives select subcommittee that was created to provide congressional oversight of the Trump administration's response to the COVID-19 pandemic in the United States. The Select Subcommittee was established under H.Res.935 during the 116th Congress. Speaker Nancy Pelosi announced on April 2, 2020, that the committee would oversee the $2.2 trillion economic stimulus/rescue legislation (the Coronavirus Aid, Relief, and Economic Security Act) enacted by Congress. The Act created a $500 billion bailout fund for U.S. industry and is the largest economic emergency legislation in U.S. history.Billy House & Erik WassonPelosi Announces Bipartisan House Committee on Coronavirus Bloomberg (April 2, 2020).Clare Foran, Haley Byrd & Manu RajuPelosi announces House committee on coronavirus crisis to exercise oversi ...
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Special Inspector General For Pandemic Recovery
The Special Inspector General for Pandemic Recovery (SIGPR) is an Inspector General position created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 to oversee spending of government funds in response to the COVID-19 pandemic in the United States. The position was included at the insistence of congressional Democrats. The SIGPR is nominated by the president and confirmed by the Senate. The position, as specified in Section 4018 of the CARES Act, is authorized to History President Donald Trump signed the CARES Act into law on 27 March 2020, but immediately noted that several stipulations related oversight would be ignored. The White House highlighted the language authorizing "the SIGPR to request information from other government agencies and requires the SIGPR to report to the Congress 'without delay' any refusal of such a request that 'in the judgment of the Special Inspector General' is unreasonable" and stated that the SIGPR would not be allowe ...
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Pandemic Response Accountability Committee
The Pandemic Response Accountability Committee (PRAC) is an independent oversight committee within the Council of the Inspectors General on Integrity and Efficiency, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 to ensure that the $2.2 trillion of the CARES act, plus 5 other pandemic-related pieces of legislation totaling over $5 trillion in government funds, were not misspent. Creation The provision creating the PRAC, Section 15010, was offered by Rep. Carolyn Maloney (D-NY), Chair of the United States House Committee on Oversight and Reform, and Sen. Gary Peters (D-MI), Ranking Member of the United States Senate Committee on Homeland Security and Governmental Affairs. The CARES Act also specified a new position of Special Inspector General for Pandemic Recovery within the United States Department of the Treasury. President Donald Trump signed the legislation into law on March 27, 2020, but objected to stipulations that involved congression ...
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The Hill (newspaper)
''The Hill'', formed in 1994, is an American newspaper and digital media company based in Washington, D.C. Focusing on politics, policy, business and international relations, ''The Hill''s coverage includes the U.S. Congress, the presidency and executive branch, and election campaigns. Its stated output is "nonpartisan reporting on the inner workings of Government and the nexus of politics and business". The company's primary outlet is ''TheHill.com''. ''The Hill'' is additionally distributed in print for free around Washington, D.C., and distributed to all congressional offices. It has been owned by Nexstar Media Group since 2021. In 2020, ''The Hill'' was ranked second for online politics readership across all news sites, behind only CNN, remaining ahead of ''Politico'', Fox News, NBCNews.com, and MSNBC. ''The Hill'' had around 32 million monthly viewers in 2023. History Founding and early years The company was formed as a newspaper in 1994 by Democratic power broker ...
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Politico
''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American political digital newspaper company founded by American banker and media executive Robert Allbritton in 2007. It covers politics and policy in the United States and internationally, with publications dedicated to politics in the U.S., European Union, United Kingdom, and Canada, among others. Primarily providing distributed news, analysis and opinion online, it also produces printed newspapers, radio, and podcasts. Its coverage focuses on topics such as the federal government, lobbying and the media. Ideologically, ''Politicos coverage has been described as centrist on American politics and Atlanticist on international politics. In 2021, ''Politico'' was acquired for reportedly over US$1 billion by Axel Springer SE, a German news publisher and media company. Axel Springer is Europe's largest newspaper publisher and had previously acquired '' Business Insider''. Unlike employees of its ...
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French Hill (politician)
James French Hill (born December 5, 1956) is an American businessman and politician serving as the United States House of Representatives, U.S. representative for Arkansas's 2nd congressional district since 2015. He is a member of the Republican Party (United States), Republican Party. Background and early life Hill was born in Little Rock, Arkansas. His father, Jay F. Hill ran a Little Rock-based financial firm that he inherited from his father, James “Jay” Wilson Hill. As a teenager, French Hill worked in the family financial firm during the summer months. A ninth-generation Arkansan, Hill is a direct descendent of slave plantation owner Creed Taylor who was among the wealthiest 1% of Americans in 1860. Another of Hill's direct ancestors, John W. Gracie, was a cotton baron who inherited landholdings from Taylor and used Penal labour, prison labor after the Emancipation Proclamation, emancipation of slaves. He graduated with a Bachelor of Arts degree in economics from Vand ...
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Donna Shalala
Donna Edna Shalala ( ; born February 14, 1941) is an American politician and academic who served in the Carter and Clinton administrations, as well as in the U.S. House of Representatives from 2019 to 2021. Shalala is a recipient of the Presidential Medal of Freedom, which she was awarded in 2008. Shalala earned a bachelor's degree from Western College for Women in 1962 and served in the Peace Corps. In 1970, she earned a PhD from the Maxwell School of Citizenship and Public Affairs at Syracuse University. Shalala later worked as a professor at Baruch College and at Teachers College, Columbia University and was appointed as assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development by President Jimmy Carter. Shalala became the president of Hunter College in 1980, serving until 1988 when she became chancellor of the University of Wisconsin–Madison. From 1993 to 2001, Shalala served as the 18th United States Secretary of He ...
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Pat Toomey
Patrick Joseph Toomey Jr. (born November 17, 1961) is an American businessman and politician who served as a United States senator from Pennsylvania from 2011 to 2023. A member of the Republican Party, he served three terms as the U.S. representative for , from 1999 to 2005. Of mixed Irish Catholic and Azorean descent, Toomey graduated from Harvard College. A former Wall Street banker, Toomey narrowly lost the Republican primary for United States Senate in 2004. From 2005 to 2009, he served as president of the Club for Growth. Toomey won the Republican primary for the 2010 U.S. Senate election in Pennsylvania, and was elected to the seat after defeating the Democratic nominee, former U.S. Navy three-star admiral and congressman Joe Sestak, in the general election. He was reelected to the Senate in 2016, defeating Democratic nominee Katie McGinty. On October 5, 2020, Toomey announced that he would not run for reelection to a third Senate term in 2022. On February 13, 2 ...
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Bharat Ramamurti
Bharat Ramamurti is an American attorney and political advisor who served as the deputy director of the National Economic Council for manufacturing, innovation and domestic competitiveness from 2021 to 2023. He previously served as a member of the COVID-19 Congressional Oversight Commission, a congressional oversight body tasked with overseeing the Department of the Treasury's and the Federal Reserve Board's management of stimulus and loan programs mandated by the CARES Act. Education Ramamurti graduated from Lexington High School in Lexington, MA in 1999. He then earned a bachelor's degree from Harvard College and his Juris Doctor from Yale Law School. His father Ravi Ramamurti did his doctorate at Harvard, and Bharat's twin siblings Gita and Arjun Ramamurti also graduated from Harvard. Career After graduating from law school, Ramamurti worked as an intern in the legal department of the Boston Red Sox. He also worked as a litigator at Wilmer Cutler Pickering Hale and Dor ...
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Mitch McConnell
Addison Mitchell McConnell III (; born February 20, 1942) is an American politician and attorney serving as the senior United States senator from Kentucky, a seat he has held since 1985. McConnell is in his seventh Senate term and is the longest-serving senator in Kentucky history. He served from 2007 to 2025 as the leader of the Senate Republican Conference, including two stints as minority leader (2007 to 2015 and 2021 to 2025), and was majority leader from 2015 to 2021, making him the longest-serving Senate party leader in U.S. history. McConnell holds conservative political positions, although he was known as a pragmatist and a moderate Republican early in his political career. He led opposition to stricter campaign finance laws, culminating in the U.S. Supreme Court decision '' Citizens United v. FEC'', which partially overturned the Bipartisan Campaign Reform Act (McCain-Feingold) in 2010. McConnell worked to withhold Republican support for major presidential initia ...
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