Congress

Senate Bill Would Double Time For PPP Loans
Senate Bill Would Double Time For PPP Loans
May 21, 2020  |  Loans

The U.S. Senate is on track to pass legislation that would double the time small- to medium-sized businesses (SMBs) have to use Paycheck Protection Program...

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House Expected To Approve PPP Changes
House Expected To Approve PPP Changes
May 20, 2020  |  Loans

A bipartisan proposal to improve the terms of the Small Business Administration’s Paycheck Protection Program (PPP) is expected to face a House vote next week....

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Pelosi, House Look To Overhaul SMB PPP Relief Loans
Pelosi, House Look To Overhaul SMB PPP Relief Loans
May 20, 2020  |  Loans

Businesses struggling to stay afloat amid the coronavirus pandemic but shut out of stimulus programs could see renewed relief as Speaker Nancy Pelosi (D-Calif.) and...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Coronavirus

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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In Probe Over Third-Party Info, Amazon Says ‘Appropriate’ Exec To Testify
In Probe Over Third-Party Info, Amazon Says ‘Appropriate’ Exec To Testify
May 17, 2020  |  Amazon

Amazon says it plans to send an “appropriate” executive to testify before Congress about how the company uses third-party data,  after the U.S. House of...

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House To Pass $3T Stimulus Package Despite GOP Opposition
House To Pass $3T Stimulus Package Despite GOP Opposition
May 15, 2020  |  Coronavirus

House Democrats made the case for a $3 trillion coronavirus stimulus package Friday (May 15), as White House and GOP leaders said they oppose what...

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Amazon Pushes For National Price Gouging Law
Amazon Pushes For National Price Gouging Law
May 13, 2020  |  Amazon

Amazon urged Congress on Wednesday (May 13) to enact legislation to prohibit price gouging during times of national emergency, Reuters reported. Brian Huseman, a vice...

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House GOP Letter Decries M&A Moratorium
House GOP Letter Decries M&A Moratorium
May 13, 2020  |  ANTITRUST

Six Republican lawmakers have opposed a Democratic Party initiative in Congress to ban mergers and acquisitions (M&A) between large companies during the pandemic, according to...

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House Dems Propose $3 Trillion Relief Package
House Dems Propose $3 Trillion Relief Package
May 12, 2020  |  Economy

House Democrats unveiled a $3 trillion spending package for more coronavirus aid on Tuesday (May 12), including more money for individuals affected by the shutdown,...

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