Congress

House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic

House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic
House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic
April 14, 2020  |  Economy

Three top House Democrats have asked the Federal Deposit Insurance Corp. (FDIC) to explain how the agency is preparing for a financial crisis. Get the...

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SMB Aid Running Out As Stalemate Continues
SMB Aid Running Out As Stalemate Continues
April 14, 2020  |  SMBs

Leaders on Capitol Hill were still at an impasse on Monday (April 13) over additional coronavirus relief as the current funding dwindles and is expected...

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Trump Wants New Business Relief Pushed Through As-Is
Trump Wants New Business Relief Pushed Through As-Is
April 10, 2020  |  Economy

A partisan standoff on Capitol Hill over additional small business funding prompted President Trump on Friday (April 10) to urge Congress to pass the measure...

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Insurers Say Covid Claims Excluded From Biz Interruption Policies
Insurers Say Covid Claims Excluded From Biz Interruption Policies
April 09, 2020  |  Economy

In a letter to U.S. Reps. Gilbert Cisneros and Mike Thompson, both of California, representatives from insurance industry groups wrote that standard commercial insurance policies...

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US Dems Push For Small Businesses, Hospitals First In Next Financial Aid
US Dems Push For Small Businesses, Hospitals First In Next Financial Aid
April 08, 2020  |  Economy

Top Democratic officials in the U.S. have a new list of demands for the next round of stimulus funds to fight the effects of the coronavirus pandemic,...

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Pelosi Calls For More SMB Funding For COVID-19 Relief
Pelosi Calls For More SMB Funding For COVID-19 Relief
April 03, 2020  |  Economy

Not content with the $2 trillion in coronavirus relief Congress passed last week, House Speaker Nancy Pelosi (D-Calif.) wants more small business loan funding, additional...

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Trump Signs $2T COVID-19 Stimulus Package
Trump Signs $2T COVID-19 Stimulus Package
March 27, 2020  |  Economy

U.S. President Donald Trump signed a $2 trillion economic stimulus package in response to the coronavirus crisis on Friday (March 27), CNBC reported. The action came...

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SMBs’ Futures Uncertain As They Wait For Help
SMBs’ Futures Uncertain As They Wait For Help
March 27, 2020  |  Economy

Small businesses are looking for good results from the House of Representatives’ vote on Friday (March 27) on a $2 trillion stimulus package that would...

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