Treasury Secretary Steven Mnuchin discusses details for economic relief during the daily coronavirus response briefing as Small Business Administrator Jovita Carranza listens at the White House in Wa
shington, U.S., April 2, 2020.
joined CNBC on Wednesday to discuss the Trump administration's efforts to combat the economic impact of the novel coronavirus.for exclusive insights and analysis, and live business day programming from around the world.
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Treasury preparing to request more money for small businessesUS Treasury Dept. is preparing a formal request to Congress for more funds for the “Paycheck Protection Program” forgivable small business loans, department official says.
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Treasury preparing to seek more than $200 billion to replenish small business coronavirus programThe Treasury Department is asking for more than $250 billion to replenish a new small business loan program that's being quickly spent down.
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Another Break From The Past: Government Will Help Churches Pay Pastor SalariesIn a development that could challenge the Constitution's prohibition of any law 'respecting the establishment of religion,' the federal government will soon provide money directly to U.S. churches to help them pay pastor salaries and utility bills.
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Small businesses worry $349 billion emergency lending program isn’t big enoughThe program got off to a rocky start with the Treasury Department and Small Business Administration failing to release a final version of the rules until hours before the emergency fund launched.
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Business InsiderFormer US Treasury Secretary LHSummers is joining us to discuss how painful this recession will be and how to quickly recover. Tune in at 2 PM ET on Facebook Live:
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Coronavirus small-business aid program could ultimately need $1.8 trillion in funding, analyst saysSmall businesses across America have flocked to their local banks to apply for forgivable loans backed by the Small Business Administration since the program launched last Friday, with some expressing concern that if they didn’t get their applications in quickly funding would run out.
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