-
The agencies said late Friday that they will provide information on small businesses that received $150,000 or more from the Paycheck Protection Program.
June 19 -
The inability of Democrats and Republicans to agree on a chairperson and lack of sufficient personnel have made it harder for the commission to do its job — hold Treasury and the Fed accountable for implementing the coronavirus relief law, observers say.
June 18 -
Evidence suggests some minority-owned businesses can’t access loans, and the Trump administration is under pressure to report borrower demographics. The issue is gaining attention against the backdrop of protests over the George Floyd killing.
June 14 -
The firm also predicts that the coronavirus pandemic will delay the GSEs' release from government control.
June 3 -
Banks could end up holding many low-rate Paycheck Protection Program loans on their books for two years, and dealing with irate borrowers who failed to meet federal requirements for forgiveness.
May 11 -
Up to 12% of loans under the $660 billion small-business rescue program could be tied to misleading or completely phony applications, fueling concerns about lenders' potential liability.
May 7 -
The Treasury secretary said recent government moves will help the firms get through the risk of millions of borrowers missing their loan payments.
April 24 -
The program, created in response to the 2008 financial crisis, generated $19 billion in small-business loans. It could be used as a viable path out of the coronavirus pandemic.
April 22PLC Fund Advisors LLC -
The head of the Senate panel overseeing Federal Reserve and Treasury Department efforts to boost the U.S. economy urged the agencies to remember their disclosure requirements.
April 17 -
The Small Business Administration said lenders approved $71 billion in loans from the Paycheck Protection Program in less than five days.
April 7