The Congressional Oversight Commission released its 12th report on April 30. The report focuses on a $700 million loan to trucking company Yellow Corporation (formerly known as YRC Worldwide) under the CARES Act loan program...more
5/7/2021
/ American Rescue Plan Act of 2021 ,
CARES Act ,
Congressional Oversight ,
Constitutional Challenges ,
Coronavirus/COVID-19 ,
Data Collection ,
Enforcement Actions ,
Financial Stimulus ,
Fraud ,
Government Investigations ,
Information Reports ,
Legal Opinion ,
National Security ,
Office of Legal Counsel (OLC) ,
OSHA ,
Paycheck Protection Program (PPP) ,
Restaurant Industry ,
SIGPR ,
State Attorneys General
President Biden will seek quick Senate approval of his $1.9 trillion COVID-19 relief package, the American Rescue Plan. The package includes more than $400 billion to combat the pandemic directly, including money to...more
As lawmakers debate whether to extend the Federal Reserve’s emergency loan programs, Congressional Oversight Commissioners are divided on the issue. The New York Times reported that Commissioner Senator Pat Toomey (R-PA) is...more
11/13/2020
/ Amicus Briefs ,
Appropriation ,
Congressional Committees ,
Coronavirus/COVID-19 ,
Credit Facilities ,
Federal Budget ,
Federal Reserve ,
Financial Stimulus ,
Immigration Procedures ,
Municipalities ,
OSHA ,
Presidential Proclamations ,
Relief Measures ,
Small Business ,
State Attorneys General ,
U.S. Treasury
The Select Subcommittee on the Coronavirus Crisis released a staff report on the Payroll Support Program, which Congress created to “preserve aviation jobs” by providing payroll assistance to companies in exchange for keeping...more
10/16/2020
/ Airlines ,
Aviation Industry ,
Centers for Disease Control and Prevention (CDC) ,
Congressional Committees ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Financial Stimulus ,
Layoffs ,
OSHA ,
Relief Measures ,
SBA
Treasury and the SBA disclosed the identities of a portion of PPP loan recipients. The Washington Post has created a searchable database of the recipients. Politico reports that the revelation that wealthy businesses and...more