A company connected to Nancy Pelosi’s husband received a loan from the Trump administration’s $669 billion Paycheck Protection Program, an SBA-led fund designed to provide financial relief to businesses in the wake of the Chinese coronavirus pandemic.
Planned Parenthood affiliates received $80 million in loans from the Paycheck Protection Program (PPP) in violation of the rules of the relief program revealed Fox News’s Tucker Carlson Tonight Tuesday night.
While this job loss carnage is an American tragedy, it could have been twice as bad if it weren’t for the over 30 million jobs saved by the Paycheck Protection Program (PPP), the $670 billion small business forgivable loan program.
The Paycheck Protection Plan was a government-run program meant to assist small businesses as they deal with the financial hardships resulting from the coronavirus and related quarantine efforts.
Sen. Marco Rubio (R-FL), chairman of the Senate Small Business Committee, announced on Friday that the loans for the Paycheck Protection Program (PPP) will resume on Monday morning.
Fifteen House Democrats have called to replenish the small business relief fund despite House Speaker Nancy Pelosi’s (D-CA) objections.
The Labor Department announced today that 5.2 million Americans filed for unemployment benefits last week, bringing the total over the last four weeks to 22 million — or 14 percent of the people employed prior to this crisis.
Senate Democrats on Thursday blocked a Republican effort to unanimously pass legislation to add $250 billion to the government’s small business loan program aimed at helping companies devastated by the Chinese coronavirus pandemic.
President Donald Trump’s Paycheck Protection Program (PPP) through the Department of Treasury and Small Business Administration has already on its first day pushed out more than $620 million to small businesses nationwide mostly through community banks.
While emphasizing the strength of the American economy, President Trump called for bold measures to support the fight against coronavirus.
“We will be suspending all travel from Europe to the United States for the next 30 days,” Trump said during an address to the nation from the Oval Office.
America First Action super PAC announced Monday that former Small Business Administration (SBA) chief Linda McMahon will chair the organization’s 2020 re-election efforts.
Small Business Administration head Linda McMahon is expected to announce her resignation as early as Friday, three sources familiar with the situation told Politico.
“While the press doesn’t like writing about it, nor do I need them to, I donate my yearly Presidential salary of $400,000.00 to different agencies throughout the year, this to Homeland Security,” Trump wrote on Twitter.
Small Business Administrator Linda McMahon touted Friday the economic benefits to the United States of shoppers partaking in “Small Business Saturday.”
President Donald Trump will donate his second quarter salary to the Small Business Administration. His quarterly salary is $100,000 of the $400,000 he receives annually.
