From our Kellie Mejdrich: “A top House Democrat will investigate whether President Donald Trump and his administration broke the law by pressuring a federal retirement board to reverse plans to begin investing in a new index that includes Chinese companies, according to a letter obtained by POLITICO.
“In a filing unsealed on Thursday in Washington federal court, the Department of Justice alleged the defendants had operated covert branches of North Korea’s state-owned foreign exchange bank in countries including Kuwait, Thailand and Austria.
But with the PPP nothing is ever simple. Senate Republicans via Small Business Chairman Marco Rubio are signaling they won’t rubber stamp the bill
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House Passes Bill Loosening Rules on PPP Small-Business LoansThe bipartisan measure would ease requirements on hundreds of billions of dollars in loans issued under Paycheck Protection Program to aid employers struggling to stay open during the pandemic. $NAK for free money. Invest! Printing money This is more reasonable.
Source: WSJ - 🏆 98. / 63 Read more »
House Passes Bill To Give Small Businesses More Flexibility In Spending PPP LoansThe legislation would extend the forgiveness period from eight to 24 weeks and let businesses spend less of their loan money on payroll and more on overhead. Great indeed great. Good news fortunately It’s a paycheck protection plan you stupid witch. It was designed to pay workers, no surprise that you want the working class to stay poor.
Source: Forbes - 🏆 394. / 53 Read more »
House Passes Bill To Give Small Businesses More Flexibility In Spending PPP LoansThe legislation would extend the forgiveness period from eight to 24 weeks and let businesses spend less of their loan money on payroll and more on overhead. theothersarahh Smart! Needed to be done theothersarahh Классно theothersarahh Stay at home and let scientists, Dr's and researchers do their job. That's the only business should be going on right now! C'mon man!
Source: Forbes - 🏆 394. / 53 Read more »
House set to relax PPP restrictionsToday, Congress will take its first big step to revamp the emergency small business lending program that lawmakers created to avert massive layoffs during the pandemic
Source: politico - 🏆 381. / 59 Read more »
How businesses and workers can keep PPP loan forgiveness and unemployment benefitsWork-sharing programs let businesses recall employees to satisfy Paycheck Protection Program rules without jeopardizing unemployment benefits.
Source: CNBC - 🏆 12. / 72 Read more »
House set to pass bill that gives small businesses more time to use PPP loans and lets them spend less on payrollThe House action comes as Senate Republicans and the Trump administration also back extending the deadline for spending Paycheck Protection Program money beyond the current eight weeks.
Source: MarketWatch - 🏆 3. / 97 Read more »