Main Content

NBC Nightly News with Lester Holt
NIGHTLY 6:30/5:30c

Investigation into government Covid relief distribution and potential mismanagement

Also available on the nbc app

RER Solutions was hired by the federal government with a no-bid $750 million contract to help distribute billions of dollars in loans to help struggling small businesses during the pandemic. According to a newly released U.S. House Subcommittee report, the company netted $340 million in “windfall profits” despite assigning the work to six of their employees. Investigators are looking into the companies that distributed pandemic relief money amid revelations that almost 20 percent of the funds may have been awarded to fraudsters. RER Solutions has not been charged with any crime or misconduct, and did not respond to requests for comment.

Appearing:Lester Holt
Tags: health, International News, Lester Holt, Making A Difference, NBC Nightly News, National News, news, nightly news, U.S. News, Breaking News, Evening News, politics, World News
S0 E02 minNRExcerptNews and InformationPrimetime


We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences. By using the site, you consent to these cookies. For more information on cookies including how to manage your consent visit our cookie policy.