Overland Park trucking company got $700 million federal loan over Pentagon objections: House...

In addition to meddling by Trump administration officials, the subcommittee report said lobbyists for Yellow Corp. leveraged its close ties with the administration to obtain a loan on terms so favorable that it violated guidelines of the Corona Aid, Relief, and Economic Security Act (CARES Act).
Acting over the objections of the Defense Department, the Trump administration made sure cash-strapped Kansas trucking company Yellow Corp. received a $700 million loan from the federal government in 2020, according to a House subcommittee report released on Wednesday.

The House Select Subcommittee on the Coronavirus Crisis report said that in addition to meddling by Trump administration officials, lobbyists for Yellow Corp. leveraged its close ties to the administration to obtain a loan on terms so favorable that it violated guidelines of the Corona Aid, Relief, and Economic Security Act (CARES Act).