This is the Daily Signal Podcast for Wednesday, April 29th. I'm Virginia Allen.

And I'm Rachel Del Judas.

Congressman French Hill of Arkansas recently released legislation to ensure that the U.S.

expands its medical supply chain so that the U.S. is less dependent on foreign manufacturers like China.

He joins me on the Daily Signal Podcast to talk about how this would work.

Don't forget, if you're enjoying this podcast, please be sure to leave a review or a five-star rating on Apple

podcast and encourage others to subscribe. Now, on to our top news. The Paycheck Protection Act received another $310 billion on Monday to provide loans to small businesses so that they can make payroll.

But concerns have been raised that larger corporations have applied for and received loans under the Paycheck Protection Act.

On Tuesday, Treasury Secretary Stephen Minutchend

joined CNBC to address these concerns

and explain the Treasury Department's new protocols to ensure that only those who need the forgivable loans are the ones receiving the funding.

It is unfortunate that there's a small number of companies that have created a lot of publicity that took loans.

I think it was inappropriate for most of these companies to take the loans.

It was clear there was a certification. We don't think that

they ever should have been allowed to. We put out an FAQ clarifying the certification

in saying that if they paid back the loans in two weeks so that we could

reprocess that money they would have no liability otherwise they would have liability and

uh... i must say i'm encouraged by the number of people that have paid them back.

I never expected in a million years that the Los Angeles Lakers, which I'm a big fan of the team,

but I'm not a big fan of the fact that they took a 4.6 million dollar loan.

I think that's outrageous and I'm glad they've returned it or they would have had liability.

And let me just say I'm going to be putting out an announcement this morning that for any loan over $2 million,

...