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Policy · 116th Congress

Pork farmers put in bid for billions in federal aid

The pork group calls for action on several fronts: USDA purchases of at least $1 billion in pork products that could be distributed to food banks or federal nutrition programs.USDA direct payments

Policy · 116th Congress

Fund managers maneuver to get federal aid on payrolls

The Fed’s Main Street Lending Program, announced last week, will offer four-year loans to mid-sized companies starting at $1 million at interest rates around 2.5 to 4 percent.

Congress · 116th Congress

House’s expected return delayed to May 4

[jwp-video n=”1″] The House schedule announcement follows days with little movement on a spending package that would reinforce funding for small-business loans that could run dry by the end

Congress · 116th Congress

Small-business funds dwindle as virus aid package sputters

The disaster loan program got $1 billion in an earlier aid package to support some $7 billion in loans, but the program has over $370 billion worth of demand, according to Sen. Benjamin L.

Policy · 116th Congress

Institute sees Congress, Fed actions driving fast recovery

Dynan said the $2 trillion of spending from the most recent recovery package will be complemented by another $1 trillion of automatic stabilizers, with a possible additional spending package on the

Congress · 116th Congress

Schumer sees quick coronavirus aid deal

[jwp-video n=”1″] Part of the $2.3 trillion financial rescue package enacted last month included $349 billion in loans for a new “Paycheck Protection Program” to encourage small businesses to

Congress · 116th Congress

‘Paper hearings’ replace committee staple in the Senate

[jwp-video n=”1″] The Commerce Committee paper hearing on consumer data and coronavirus will kick off Thursday morning when the panel will post opening statements from Chairman Roger Wicker