WASHINGTON — The Department of Defense offered few details to a congressional oversight committee about why a struggling trucking company, YRC Worldwide, was determined to be critical to national security, a designation that allowed it to receive a $700 million stimulus loan.
The loan, which was approved in July by the Treasury Department, has been the subject of a congressional inquiry into whether the money was properly awarded and why YRC, which ships military supplies, was designated as critical to national security. The Congressional Oversight Commission, which was set up to police…
