Trump administration gave a $700M bailout to a $70M truck company after it allegedly defrauded the Pentagon

The Washington Post reports: The Treasury Department announced Wednesday that it will loan $700 million to a trucking firm that ships military equipment, in exchange for having U.S. taxpayers acquire an almost 30 percent stake in the company. Under the unusual arrangement, the Treasury Department will provide the emergency loan to YRC Worldwide, while taking […]