Congress

Restaurants, Lawmakers Seek $120B Aid Package
Restaurants, Lawmakers Seek $120B Aid Package
June 18, 2020  |  Economy

The Independent Restaurant Coalition (IRC) has proposed a $120 billion relief package to prevent further closures and job losses due to COVID-19. Get the Full Story Complete...

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Economists Recommend More Lenient Terms For Main Street Lending Program
Economists Recommend More Lenient Terms For Main Street Lending Program
June 18, 2020  |  Loans

A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street...

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Powell Urges Congress Not To Pull Back On Stimulus Efforts
Powell Urges Congress Not To Pull Back On Stimulus Efforts
June 17, 2020  |  Economy

As lawmakers battle over another stimulus package, Federal Reserve Board Chairman Jerome Powell told Congress a recovery would be at risk if federal relief is...

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Democrats Ask Bank CEOs For PPP Records
Democrats Ask Bank CEOs For PPP Records
June 15, 2020  |  Loans

U.S. Democratic lawmakers, in letters to the chief executives of several large banks, demanded the release of documents related to loans made under the government’s...

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Senate Committee To Consider Telehealth’s Future
Senate Committee To Consider Telehealth’s Future
June 14, 2020  |  Healthcare

Telemedicine existed in the pre-pandemic world — spending the past several years trying to gain a foothold among Americans while mostly stymied by a range...

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Latest Economic Stimulus Package On Hold
Latest Economic Stimulus Package On Hold
June 11, 2020  |  Economy

The latest coronavirus stimulus package will have to wait until late next month, when Congress returns from recess, sources told CNBC. Get the Full Story...

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Senators Look To Extend PPP Loans To Include More SMBs
Senators Look To Extend PPP Loans To Include More SMBs
June 10, 2020  |  Loans

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and...

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Citing Racial Profiling, IBM Will No Longer Sell Face Recognition Software
Citing Racial Profiling, IBM Will No Longer Sell Face Recognition Software
June 09, 2020  |  Politics

International Business Machines Corp. (IBM) is getting out of the facial recognition business, citing its misuse by law enforcement. Get the Full Story Complete the...

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PPP Extension Hopes To Draw SMBs Before June 30 Deadline
PPP Extension Hopes To Draw SMBs Before June 30 Deadline
June 04, 2020  |  Loans

As reported, the Senate voted unanimously on Wednesday (June 3) to pass the Paycheck Protection Program Flexibility Act, which had passed the House with a...

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