Audit of Minority Business Development Agency Finds Mass Oversight Failure
"I cannot recall seeing anything at this level of improper or inappropriate payments," said Judge Glock, the director of research at the Manhattan Institute, who studies waste and fraud in government programs. "Over 90 percent is fairly wild for a major program." President Donald Trump issued an executive order in March 2025 attempting to eliminate the agency, though a federal court stepped in to block that move. In response, the administration fired all remaining employees at the agency in October 2025.
- ▪"I cannot recall seeing anything at this level of improper or inappropriate payments," said Judge Glock, the director of research at the Manhattan Institute, who studies waste and fraud in government programs.
- ▪"Over 90 percent is fairly wild for a major program." President Donald Trump issued an executive order in March 2025 attempting to eliminate the agency, though a federal court stepped in to block that move.
- ▪In response, the administration fired all remaining employees at the agency in October 2025.
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America Audit of Minority Business Development Agency Finds Mass Oversight Failure Inspector General says 96 percent of audited transactions should not have been approved Minority Business Development Agency (MBDA) and Donald Trump (Win McNamee/Getty Images) Aaron Sibarium July 7, 2026 image/svg+xml .st0{fill:none;stroke:#384f61;stroke-width:2;stroke-linecap:round;stroke-linejoin:round;stroke-miterlimit:10;} .st1{fill:none;stroke:#384f61;stroke-width:2;stroke-linejoin:round;stroke-miterlimit:10;} An Inspector General audit of the Minority Business Development Agency’s flagship program found that 96 percent of the reviewed transactions should not have been approved, revealing a stunning lack of oversight at the now-defunct agency and raising questions about what will happen if Democrats…
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