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Home Illinois News

Will Biden’s son-in-law return PPP loan his campaign derided as Trump “cronyism”?

Illinois Review by Illinois Review
August 7, 2020
in Illinois News
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The small medical investment firm where Joe Biden’s son-in-law is an executive received a loan in April from the Paycheck Protection Program (PPP) – the very program Biden’s campaign derided as a “cronyism” scheme for President Trump’s associates, and which Biden himself said was not focused on small businesses. The PPP is a program aimed at making sure workers did not miss paychecks during the coronavirus crisis and is credited with saving more than 51 million jobs.     

Biden’s son-in-law, Dr. Howard Krein, is the chief medical officer at StartUp Health, a company which received a PPP loan of between $150,000 and $350,000. Krein also serves as an informal advisor to Biden’s campaign, specializing in coronavirus-related issues.

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