WASHINGTON — A House committee will be established to oversee the roll-out of the historic $2 trillion coronavirus bailout, Speaker Nancy Pelosi introduced Thursday.
The House Choose Committee on the Coronavirus Disaster will be chaired by Rep. Jim Clyburn (D-SC) and will make sure that the help bundle, the most important in US historical past, makes its option to households in want and isn’t exploited by rip-off artists trying to get wealthy off the pandemic.
The physique would even have subpoena powers, with Pelosi telling journalists on a convention name that experiences had already emerged of individuals pretending that they had masks, presumably for monetary acquire.
“We have now no greater precedence than to make it possible for the cash goes to working households,” she mentioned, including that the committee would additionally shield towards “worth gouging and political favoritism.”
“It’s not about an investigation of the administration. We wish to be sure there aren’t exploiters on the market,” Pelosi insisted Thursday. “The place there’s cash, there’s additionally steadily mischief.”
“The committee needs to be performing earlier than the act to guard numerous waste, fraud and abuse. That doesn’t simply apply to the federal government, it needs to be the non-public sector as properly.”
The physique, which will include each Republicans and Democrats, will additionally make sure the federal response is predicated “on the very best science,” the House chief added.