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SBA Has $26 Billion Slush for Bogus Businesses that all exclude white men

Posted on January 23, 2026 by PG Newser

Chris Ruffo, the man who helped Florida legally remove DEI and wokeness from its public institutions, is claiming on Steve Bannon’s show The War Room that the Small Business Administration has a $26 billion slush fund they use to fund dubious businesses so long as those businesses aren’t owned by white men.

Ruffo claimed, “Yeah. So this is at the Small Business Administration. It’s a $26 billion slush fund that is dedicated to providing government contracts, including many no-bid government contracts, exclusively to firms that are owned by racial minorities and women. In many cases, these are shell companies where they have a token minority and then a private firm behind them. But in all cases, for this entire $26 billion slush fund, there’s only one identity group that is prohibited from accessing these funds or bidding for these contracts, white men.

And so this is like the epitome of DEI. It’s billions of dollars. There’s all sorts of fraud and corruption. In the program’s 45-year history, there’s never been a single audit done. And the question is simply this. It’s now one year into the Trump administration. The president came out strong on day one, said no more DEI. Why are we still administering billions of dollars for every group except for one? It seems totally unfair, totally unconstitutional. And yet it’s still something that, until now, has been surviving in the Trump administration.”

Blurb:

Christopher Rufo Exposes $26 Billion SBA Slush Fund –  warroom.org

STEVE BANNON (HOST): Chris Rufo, the great Chris Rufo, is joining us. And Chris, look, naturally I would want you on here in Davos, because Larry Fink, you’ve so broken Fink on DEI. Larry Fink, who was kind of the financial guy of enforcing all the companies to do it because of his immense power on Wall Street.

And he’s over at Davos kind of denying, you know, no ESG, no DEI. We don’t need to do that. We don’t need a Green New Deal because intermittent power won’t work for the data centers, AI. He’s throwing over all of his beliefs.

And you were the leader in the effort to break the DEI, but you came up with something, I think, two days ago that I think may be the biggest story in the country and people need to focus on it.

It was this, is it 26, we talk about Somalis in Minneapolis and the ripoff of the learning centers and all this is getting deeper and everybody’s telling me this. But you’re identifying, in the Trump administration, there’s still Congress approving, I guess there’s $26 billion being spent on this type of scams by the Small Business Administration.

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