Congress

Senators Look To Extend PPP Loans To Include More SMBs

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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Senate Passes Bill To Extend PPP For SMBs
Senate Passes Bill To Extend PPP For SMBs
June 03, 2020  |  Loans

The U.S. Senate passed a bill Tuesday (June 3) amending the way the Paycheck Protection Program (PPP) works, extending the time for small- to medium-sized...

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Two Banking Groups Call For Automatic PPP Loan Forgiveness
Two Banking Groups Call For Automatic PPP Loan Forgiveness
June 03, 2020  |  Loans

The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000....

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Trump Considers Next Stimulus
Trump Considers Next Stimulus
June 02, 2020  |  Economy

President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on...

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Is Congress Finally About To Fix PPP’s Many Problems?
Is Congress Finally About To Fix PPP’s Many Problems?
May 31, 2020  |  SMBs

Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep...

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Mitch McConnell: ‘Final’ COVID-19 Relief Bill Coming In A Month
Mitch McConnell: ‘Final’ COVID-19 Relief Bill Coming In A Month
May 29, 2020  |  Economy

Senate Majority Leader Mitch McConnell said Congress will decide whether to pass another COVID-19 relief package soon. Get the Full Story Complete the form to...

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Uncle Sam Considers Payments For Companies To ‘Reshore’ Factories
Uncle Sam Considers Payments For Companies To ‘Reshore’ Factories
May 27, 2020  |  Economy

Will the U.S. government pay American companies to “near shore” supply chains, incentivizing a pivot away from China? Get the Full Story Complete the form...

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