https://www.live-feeds.com/feed/strand-bookstore-to-pay-nearly-1-5-million-over-covid-loan-tied-to-sen-wyden-s-wifeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/strand-bookstore-to-pay-nearly-1-5-million-over-covid-loan-tied-to-sen-wyden-s-wifehttps://www.live-feeds.com/feed/strand-bookstore-to-pay-nearly-1-5-million-over-covid-loan-tied-to-sen-wyden-s-wife#u183179Sat, 07 Nov 2026 01:13:15 +0000The Strand Bookstore in New York City has agreed to pay nearly $1.5 million to settle claims that it improperly received a Paycheck Protection Program (PPP) loan during the Covid pandemic. The bookstore, owned by Nancy Bass Wyden, was ineligible for the loan because her husband, Senator Ron Wyden, has a controlling interest. The bookstore applied for and received $932,350 in relief funds.Why it mattersThe case involves a pandemic-era small business loan program that required applicants to certify that a member of Congress did not have a controlling interest. The Strand Bookstore had previously