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Policy News – May 29, 2020

Today, jobless claims for the week ending in May 23 were released. The report shows 2.1 million more Americans filed new claims for jobless benefits, falling from a total of 2.4 million applications the week before. Read the full report here. This afternoon, the House...

Policy News – May 22, 2020

Last week, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) loan forgiveness application with instructions for completing the application. Notably, the new guidance introduces an alternative “payroll covered period,”...

Policy News – May 15, 2020

This week House Democrats unveiled their version of the fourth economic stimulus package or “CARES 2.” Legislators are expected to vote on the massive bill this Friday. Additionally, policymakers will also vote on two rules changes — one giving committees...

Policy News – May 6, 2020

On Tuesday May 5th, 2020, Senate Minority Leader Chuck Schumer (D-NY) and Ranking Member of the Senate Committee on Small Business and Entrepreneurship, Ben Cardin (D-MD) are slated to push legislation that provides new transparency and oversight of the Paycheck...

Policy News – April 29, 2020

Democrats have started a list of priorities for the next Coronavirus relief bill. Among others, they are seeking more assistance for state and local governments, food assistance, and funding for vote-by-mail. In contrast, Senate Republicans are advocating the...

Policy News – April 24, 2020

The Federal Reserve Board announced that it will make monthly data regarding CARES Act funding publicly available. Specifically, the agency will release the following information regarding participating liquidity and lending facilities: Names and details of...