Christopher W. Smith, general counsel for Kushner Companies, said in an emailed statement to The Hill: "The notion that Kushner Companies somehow improperly benefited from CARES Act Paycheck Protection Program (PPP) loans is completely untrue and amounts to nothing more than politically motivated nonsense." … [Read more...] about Trump Organization, Kushner Companies benefited from pandemic relief loans: report
10 000 small businesses
These efforts haven't come just on the founder side. There have also been a number of initiatives pushing for more diversity among the investors who make decisions on who gets funded and why in the startup landscape. Organizations such as AllRaise, BLK VC and HBCUvc have focused on accelerating representation of Black and women investors to build a more equitable ecosystem in venture capital. … [Read more...] about Black women don’t get much startup funding. These founders are trying to change that
For days, McConnell has been in private discussions with House Minority Leader Kevin McCarthy, Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, getting a clear sense of what President Donald Trump is willing to sign into law in his final days in office. As McConnell drafts a new bill based on those conversations, Democratic leaders are making their own counteroffer to jumpstart the talks while House Speaker Nancy Pelosi spoke Tuesday to Mnuchin for the first time since late October. … [Read more...] about McConnell pushing to lock down GOP support for new Covid relief plan as pressure grows to cut a deal
As part of the historic broadening of jobless benefits under the CARES Act, lawmakers created three programs to help out-of-work Americans. While the $600 payment enhancement lasted only four months, the other two run through the week ending December 26, which is the last weekend of the year. … [Read more...] about Don’t expect a second stimulus check this year. Here’s what Congress is talking about instead
A Centers for Disease Control and Prevention order that went into effect in September temporarily halted evictions through the end of the year. It applies to renters who meet certain income requirements, have experienced significant losses of income and have made their best efforts to find rental assistance and pay their rent. … [Read more...] about Key pandemic relief programs are set to expire at the end of the year. No one knows what’s next.