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SBA Ends Biden-Era Expanded Race-Based, DEI Loan Approvals

Summary by California Globe
In February, the White House announced plans for a new anti-fraud task force targeting welfare abuse in California and other states, and assigned Vice President J.D. Vance, Andrew Ferguson of the Federal Trade Commission (FTC), and the Attorney General. California Attorney General Rob Bonta fell all over himself claiming that the California Department of Justice was working to tackle fraud in the state. He even “pushed back” against the Trump Ad…

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California Globe broke the news on Saturday, June 13, 2026.
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