The Treasury secretary told lawmakers that they should consider turning into grants the Paycheck Protection Program loans taken out by the smallest U.S. businesses
WASHINGTON—Congress should consider automatically forgiving Paycheck Protection Program loans taken out by the smallest U.S. businesses—and offer a second helping of aid to firms hard hit by the pandemic, Treasury Secretary Steven Mnuchin said Friday.
The comments came at a House Small Business Committee hearing, where lawmakers in both parties signaled they want to push out more small-business aid as the U.S. continues to grapple with the coronavirus.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'The Bold Type' star Aisha Dee calls attention to lack of diversity behind the scenes“I am ready to push harder and speak louder for what matters to me: The diversity we see in front of the camera needs to be reflected in the diversity of the creative team behind the camera,” Dee says.
Read more »
Fauci calls White House attempts to discredit him 'bizarre'Dr. Fauci says Wednesday the White House's attempts to discredit him are 'a bit bizarre' and 'it doesn’t do anything but reflect poorly on them.”
Read more »
Chicago Mayor Calls Kayleigh McEnany 'Karen'The city leader fired back after the White House press secretary labeled her a 'derelict mayor.'
Read more »
Migos’ Label Head Calls Group’s Lawsuit ‘Nonsense’Pierre “P” Thomas, cofounder of the Atlanta powerhouse label Quality Control, has responded to Migos’ accusation that it was “cheated out of millions of dollars” by the label and its longtime attor…
Read more »