Shelia Bair on why Wells Fargo should be let off hook to allow more loans investinyou (In partnership with acorns.)
Former FDIC Chair Shelia Bair joins "Closing Bell" on why regulators should step in and Wells Fargo should be given latitude to make loans under the CARES Act.
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Wells Fargo forced to close loan applications due to asset cap - Business InsiderWells Fargo's lending limitations will curb its ability to benefit from facilitating SBA loans, especially given the massive volume of loan applications
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Small Business Stimulus Loans: Bank Of America Has Received Applications For $32.6 Billion, Wells Fargo Says It Can’t Meet Demand Due To Fed RestrictionsDemand for the Paycheck Protection Program under the CARES Act is skyrocketing.
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Small Business Stimulus Loans: Bank Of America Has Received Applications For $32.6 Billion, Wells Fargo Says It Can’t Meet Demand Due To Fed RestrictionsBank of America has seen applications from 177,000 small businesses that account for $32.6 billion, while Wells Fargo says it can't meet demand due to fed restrictions by theothersarahh
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Report: Treasury Department Will Seek Another $200 Billion For Small Business Stimulus Loan ProgramThe Paycheck Protection Program under the CARES Act got off to a rocky start, and banks now are overwhelmed with demand for $349 billion in federal loan money.
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'Get us off this ship': Coral Princess passengers frustrated with disembarkation process'Get us off this ship, so we can get home and let them deal with these sick people,' a frustrated Coral Princess passenger told USA TODAY.
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After a frenzied rush to file for small business loans, entrepreneurs nervously wait on bank approvalsStrong demand for the small business relief program is “a really good sign for what the economy might look like 2-3 months from now,” Labor Sec. Eugene Scalia says.
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