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Home»Politics»Lawmaker to Probe GSA for Preferential Treatment of Thiel-Backed Firm Ramp — ProPublica
Politics

Lawmaker to Probe GSA for Preferential Treatment of Thiel-Backed Firm Ramp — ProPublica

May 9, 2025No Comments4 Mins Read
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PROPUBLICA is a non -profit editorial staff that investigates the abuse of power. Sign up for getting Our biggest stories As soon as they are published.

The participant of the rating of the House Supervision Committee has launched an investigation into whether the general service administration has given a preferential attitude towards technological launch, which competes for a profitable contract. The startup is supported by some of the most influential allies in the Silicon Valley Donald Trump.

The Committee’s action follows GSA looked at the New York Payment Company To redo a massive federal credit card program by $ 700 billion, known as SmartPay. Our report showed that senior GSA officials met with ramps at least four times before publicly opening the SmartPay contract.

Ethics experts indicated early meetings as unusual and potentially problematic. GSA insiders said Propublica that Rampo was considered an obvious favorite for the initial pilot contract for $ 25 million, which could act as a great job SmartPay. The contract for the pilot program has not yet been rewarded.

Trump’s Eyes team is politically linked to a starting overhaul of $ 700 billion

In a letter sent on Friday to GSA representative Gerald Konali, Washington, and discussed PROPBLICA, the Democrats in the Committee want information about the GSA case with “Ramp, a company with zero contracts, which is backed by renowned Trump supporters, family ties and Elon Musk.”

The letter Connolly requires a variety of GSA documents, including “all messages between any GSA official, contractor or subcontractor and any ramp representative.”

RAMP did not respond to a comment on the investigation.

GSA did not answer the questions on Friday. Asked about Ramp for the previous article, the GSA press -secretary told Propublica that the agency “refutes any proposal for unfair and overwhelming practice of contracts” and that “Credit Card Reforms was well known to the public, trying to solve waste, fraud and abuse.”

SmartPay, which provides visa cards and MasterCard by a civil servant, allows the Federal workforce to acquire office supplies and equipment, the book and to pay for gas. Cards are commonly used for shopping up to $ 10,000.

GSA sources say Trump is appointed to the agency, including the acting administrator Stephen Egician and Commissioner Josh Grunbaum, the country’s main employee, came to their roles, saying that SmartPay and other state -owned payment programs were filled with fraud or waste.

However, both GoP experts and the democratic budget call this view inaccurate, saying that SmartPay has implemented effective guarantees and monitoring tools.

SmartPay costs hundreds of millions of dollars for financial institutions that currently run it, US Bank and Citibank. By the end of the year, GSA decides whether to expand SmartPay with your current contract or remake the program more fundamentally.

Ramp investors include some most powerful Silicone Valley figures, such as Peter Til, Venture Capitalist -Millder, who provided crucial early support for Trump and spent millions on Ohio Senate launch on JD Vance Vice President. Other major fans include a choths of Rabus from Taslaw Venstur, who is sitting on the ramp board; Tsitova’s Capacity Capital, Founded by Joshua Kushner, Trump’s son -in -law Jerde Kushner; and 8VC, a firm run by Musk and Trump allies.

At the end of April, when GSA received a flurry of business platforms on the SmartPay pilot program, Ramp CEO, Eric Glyman and Rabois appeared at a high-profile conference in Washington, which brings together technological entrepreneurs, legislators and other high-ranking state officials.

During the live panel called “The first principles for the smarter, thin government”, the couple counted on the ramp as a transformation solution for state payments. Later, during the interview, Rabois pointed out that SmartPay issues more charged cards than there are general public servants as evidence of fraud.

But SmartPay experts say it is a super -fundamental misunderstanding of how the program works. Employees are issued separate cards for different types of purchases and often keep several cards.

On Friday, Rabois did not answer the propublica questions. In his response to the previous story, Rabois stated that he “did not participate in any government initiatives for the company.”

In the letter of the Committee on Supervision of GSA Connolly writes that “the false requirements of the Trump administration on the SmartPay program may be an attempt to discredit the new contractor, with a profitable contract.”



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