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Strand bookstore to pay nearly $1.5 million over Covid loan tied to Sen. Wyden's wife

The settlement resolves claims that the bookstore wrongly received a second-draw Paycheck Protection Program loan after certifying it was eligible.

Summary by CNBC
Nancy Bass Wyden, whose grandfather founded the New York City bookstore, had signed off on the PPP, which was off-limits because she is a senator's wife.

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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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RedState broke the news in Camarillo, United States on Tuesday, November 3, 2026.
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