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Vance Launches Operation No Doze, Suspending 870,000 SBA Borrowers

By Drooid · Sep 14, 2026, 10:59 PM UTC · How we work

Center

870k Borrowers Suspended

U.S. Vice President JD Vance announced a crackdown on pandemic-era SBA loan fraud at a Kansas City, Missouri briefing on September 14, 2026.
The plan, called Operation No Doze, permanently suspends nearly 870,000 borrowers tied to an estimated $39 billion fraud across 45 states.
Todd Blanche, Kelly Loeffler, Kash Patel, Eric Schmitt and Colin M. McDonald attended.
Operation Heartland Surge, running June 12–Sept 1, charged over 80 defendants and secured $144 million in plea losses.

Right

Hatred Party Accusation

U.S. Vice President JD Vance launched an SBA loan fraud crackdown in Kansas City September 14, 2026.
The rhetoric framed the crackdown as defending the nuclear family against Democratic attacks.
He called Democratic Party the ‘party of hatred’ despising America and its founders.
Vance said his task force uncovered $250 billion in SBA loan fraud since his appointment.
He told a Mexican-flag protester ‘get your a— over there’ and urged waving American flag.

History

Historical Context

The 2008 financial crisis prompted the Treasury and Federal Reserve to launch the $700 billion Troubled Asset Relief Program and spurred the 2010 Dodd-Frank reform. Decades of those reforms have expanded enforcement capacity, enabling the 2026 Operation No Doze to target borrowers and pursue billions in alleged loan fraud across dozens of states.

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870k Borrowers Suspended

U.S. Vice President JD Vance announced a crackdown on pandemic-era SBA loan fraud at a Kansas City, Missouri briefing on September 14, 2026.
The plan, called Operation No Doze, permanently suspends nearly 870,000 borrowers tied to an estimated $39 billion fraud across 45 states.
Todd Blanche, Kelly Loeffler, Kash Patel, Eric Schmitt and Colin M. McDonald attended.
Operation Heartland Surge, running June 12–Sept 1, charged over 80 defendants and secured $144 million in plea losses.

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