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Congressional Oversight Report on CARES Act Funding — Not Much to Oversee Here (Yet)

On May 18, 2020, the Congressional Oversight Commission released its first report relating to $500 billion in Department of Treasury funding available under Subtitle A of the CARES Act. ...more

Financial Relief Arrives for Small and Mid-Size Businesses

On April 9, 2020, the Federal Reserve, in conjunction with the Treasury Department, announced additional actions to support small and mid-sized businesses through an expansion of the Main Street Lending Program....more

SBA Issues Frequently Asked Questions on Paycheck Protection Program

Late on April 6, and during the day on April 8, 2020, the Small Business Administration (SBA), in consultation with the Department of Treasury, issued Frequently Asked Questions (FAQs) on the Paycheck Protection Program (PPP)...more

Paycheck Protection Program Begins April 3

The Coronavirus Aid, Relief and Economic Security (CARES) Act created a new Paycheck Protection Program designed to encourage employers to retain employment and compensation levels. ...more

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