business
Speaker Lisa Demuth demands records on Promise Act following 5 INVESTIGATES report
By Ryan Raiche at KSTP 5 Eyewitness News (ABC)
· July 14, 2026
· 2 min read
Minnesota House Speaker Lisa Demuth is demanding to see state records related to the $100 million Minnesota Promise Act program following a 5 INVESTIGATES report that found tax dollars went to businesses that should not have received them.
“Refusing to release grant applications for recipients...
Key takeaway ” On Monday, 5 INVESTIGATES reported that the Department of Employment and Economic Development (DEED) confirmed it is working to recover more than $50,000 in promise grants that ended up in the wrong hands.
Why this matters in The Minneapolis
The demand for records by Minnesota House Speaker Lisa Demuth comes at a critical time for the city of Minneapolis , where small businesses are a vital part of the local economy. The improper distribution of Promise Act grants to ineligible businesses, including trucking companies, raises concerns about the effectiveness of state oversight and the potential misallocation of funds that could have supported legitimate businesses in the community. As the Department of Employment and Economic Development works to recover over $50,000 in misdirected grants, Minneapolis residents and business owners will be watching to see how the state responds to Demuth's call for transparency and accountability. The fact that DEED has only supplied three grant applications to date, despite requests for all relevant data, suggests that there may be more to uncover about the program's management and the impact on local businesses.
About this story
Original reporting by KSTP 5 Eyewitness News (ABC) . The Minneapolis surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSTP 5 Eyewitness News (ABC) . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 14, 2026 ·
Source: KSTP 5 Eyewitness News (ABC) ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? Minnesota House Speaker Lisa Demuth is demanding to see state records related to the $100 million Minnesota Promise Act program following a 5 INVESTIGATES report that found tax dollars went to businesses that should not have received them.
“Refusing to release grant applications for recipients...
When was this published? This article was first published on July 14, 2026 by KSTP 5 Eyewitness News (ABC) and curated for The Minneapolis readers.
Who reported this story? This story was reported by Ryan Raiche at KSTP 5 Eyewitness News (ABC). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Minneapolis, or browse our daily briefing and topic hubs .
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