Pelosi Statement on Appointment of Acting Defense Department Inspector General as Head of CARES Act Oversight Body

Contact: Speaker's Press Office,
202-226-7616

Washington, D.C. – Speaker Nancy Pelosi issued this statement on the appointment of Acting Defense Department Inspector General Glenn Fine to chair the Pandemic Response Accountability Committee created in the CARES Act, which will work alongside a special Inspector General focused on the Treasury Department's distressed industry fund and a new bicameral congressional oversight panel:

"Congressional Democrats transformed the CARES Act from corporations-focused to workers-first. The legislation requires that taxpayer dollars given to industry go to workers' paychecks and benefits, not be used for CEO bonuses, stock buybacks or dividends. Unfortunately, the President has made clear that he intends to disregard critical oversight provisions that hold the Administration accountable to the law.

"Consistent with the CARES Act, Acting Inspector General Fine must exercise his full oversight authority to ensure that the Administration uses this historic relief package to help workers, not to pad the pockets of corporations and the wealthiest few with taxpayer dollars at the expense of those in need."

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