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House Majority Whip Jim Clyburn addresses the South Carolina Democratic Party convention June 11 in Columbia, S.C.

House Majority Whip Jim Clyburn addresses the South Carolina Democratic Party convention June 11 in Columbia, S.C.

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U.S. failed to stop fraud in COVID loan program, Clyburn says

The U.S. failed to take basic steps at the start of the coronavirus pandemic to prevent fraud in a federal aid program intended to help small businesses, depleting the funds and making people more vulnerable to identity theft, the chairman of a House panel examining the payouts said Tuesday.