Industry News – July 29, 2020

Bipartisan Duo Tries to Create Opening for Broader Small Business Coronavirus-Relief Program Senators Todd Young (R-IN), and Michael Bennet (D-CO), have teamed up to propose small businesses aid that takes a more targeted approach under consideration. Source: CNN...

Policy News – July 29, 2020

On Monday, Capitol Hill said goodbye to the Honorable John Lewis (D-Ga.). The late Congressman was lain in state under the Capitol Rotunda — the first Black member with that honor — as hundreds of his colleagues paid respects. On the small business front, Senator...

Policy News – July 22, 2020

Last Friday, the House Committee on Small Business held a hearing entitled, “Oversight of the Small Business Administration and Department of Treasury Pandemic Programs” to hear from Steven Mnuchin, Secretary of the U.S. Treasury (Treasury), and Jovita...

Industry News – July 22, 2020

U.S. Department of Treasury Wants Credit Union to Repay $12 Million in CDFI Program Funds. The federal government wants OnPath Federal Credit Union to pay back more than $12 million it received from the Community Development Financial Institutions program that...

Industry News – July 15, 2020

Wells Fargo Launches $400 Million Small Business Recovery Effort Through Wells Fargo’s new Open for Business Fund, the company will engage nonprofit organizations to provide capital, technical support, and long-term resiliency programs to small businesses with an...