CNBC's Jim Cramer said Tuesday the names of the banks that approved small business loans to larger companies should be made public.
Cramer said he originally liked the PPP, but that he as well as Mnuchin "got had." Some banks have also been accused of prioritizing larger customers over small businesses.
"I think that banks were complicit. I think banks gave loans to very good customers, maybe because they needed to keep them afloat," the host of CNBC'sCramer, an owner in two restaurants in Brooklyn, said his frustration did not come from his businesses not getting a PPP loan but from larger companies getting them. He said the actions of the banks would turn public sentiment against them, similar to what happened after the financial crisis.
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