Democrats launch probe into Kodak’s $765m US government loan
05 August 2020 - 23:14
Washington — House Democrats have launched an investigation into Eastman Kodak’s $765m government loan and are seeking documents from a US agency involved in granting the proposed funding.
House financial services committee chair Maxine Waters is among Democrats who said they have sought all communications about the loan from the US International Development Finance Corporation (DFC). The agency handles financing provided through the Defense Production Act, which is how Kodak would secure funding to make ingredients for generic drugs...
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