With government funding set to expire on December 11th, Congressional Democrats and Republicans have said they do not want a shutdown and are working together to pass an omnibus spending bill. Senate appropriators are set to release their text of the bills today for House review.
The Small Business Administration (SBA) has been ordered to release detailed information for all Paycheck Protection Program (PPP) loans, including names and loan amounts, a federal judge ruled. The agency must release this information by November 19th. The SBA could appeal this order under the grounds that disclosing recipient names could violate their privacy because PPP loans are relative to payroll size.
Happening on the Hill
The House Committee on Financial Services will hold a (virtual) hearing on Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions during the Pandemic. The hearing is scheduled for Thursday, November 12 at 12 PM.
The House Committee on Financial Services will hold a (virtual) hearing on insuring against the pandemic, and challenges for policymakers and insurers. The hearing is scheduled for Thursday, November 19 at 10 AM.
At The Agencies
U.S. Department of Labor
The Department of Labor announced the kick off of their sixth annual National Apprenticeship Week.