May 8, 2020 | Congressional Legislation, News
Treasury and Interior Secretaries Announce Distribution of Coronavirus Relief Funds to Tribes United States Secretary of the Treasury Steven T. Mnuchin and Secretary of the Interior David L. Bernhardt recently announced that they had agreed upon a path forward to...
May 6, 2020 | Congressional Legislation, News
Senators Ask SBA Inspector General to Investigate Reports that PPP Lenders Prioritized Larger Clients Over Small Businesses in Urgent Need United States Senators Sherrod Brown (D-Ohio), Chuck Schumer (D-N.Y.), and Ben Cardin (D-Md.) recently sent a letter to Small...
May 4, 2020 | Federal Regulation, News
CFPB Report Shows Substantial Decline in Credit Applications in March According to a report issued last week by the Consumer Financial Protection Bureau (CFPB), consumer credit applications considerably declined in March, likely as a result of the COVID-19 pandemic....
May 1, 2020 | Congressional Legislation, News
Senators Brown and Booker Push Banks to Suspend Overdraft Fees United States Senators Sherrod Brown (D-Ohio) and Cory Booker (D-N.J.) recently wrote a letter to 15 bank CEOs, urging them to temporarily ban burdensome overdraft fees for customers during the COVID-19...
Apr 29, 2020 | Congressional Legislation, News
New Coronavirus Relief Package Signed Into Law Last week, in the latest effort to provide relief to small businesses impacted by the COVID-19 pandemic crisis, the House of Representatives passed the Paycheck Protection Program (PPP) and Health Care Enhancement Act,...
