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Congressman is investigating fintech Ramp’s attempt to win $25M federal contract
Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is receiving preferential treatment in its bid for a $25 million government contract.
Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is receiving preferential treatment in its bid for a $25 million government contract. Among Connolly’s biggest concerns are that Ramp allegedly has “zero federal contracting experience” and its investors include a number of Trump allies and supporters. In April, Ramp’s head of communications, Lindsay McKinley, confirmed to TechCrunch that the startup was “competing in a standard procurement process for a SmartPay pilot program based on the strength of our solution.”
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