PPP application deadline should be extended and fixes made to program to keep recovery going BY REP. FRENCH HILL (R-ARK.) AND DARRIN WILLIAMS The Hill 06/29/2020 The CARES Act created the extremely successful Paycheck Protection Program which has helped small businesses maintain payroll during these challenging times. The U.S. Department of Treasury (Treasury), the Small Business Administration (SBA) and over 5,000 lenders took quick action to launch this program and have provided an unprecedent...
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WASHINGTON NOTEBOOK: Cotton put on list as ’24 contender | Hill recognizes mentor Hebert | Boozman calls for flexibility in WIC 06/28/2020 Arkansas Democrat Gazette WASHINGTON — U.S. Sen. Tom Cotton, R-Ark., is one of the leading contenders for the 2024 Republican presidential nomination, The Washington Post prognosticators said Friday. The lawmaker from Dardanelle tied for second with former U.N. Ambassador Nikki Haley, one spot behind U.S. Sen. Josh Hawley of Missouri. The Post Pundit 2020 Pow...
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What Recent Developments in the Fintech Space Mean for Our Future 06/28/2020 Coin Telegraph There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on. The fintech industry has been changing rapidly. Digital assets, distributed ledger technology and central bank digital currencies are gaining momentum. Multi-trillion-dollar United States Federal Reserve System money creation has increased demand for digital assets, particul...
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As Coronavirus Cases Spike, Many GOP Lawmakers Back Masks and Tests 06/27/2020 Wall Street Journal WASHINGTON—Many congressional Republicans are throwing their support behind the use of masks and robust testing as coronavirus cases spike in some GOP-led states, taking a more urgent stance on the matter than President Trump. The shift comes as new coronavirus cases hit a daily record of nearly 40,000 on Thursday, and Republican governors took new measures to stop its spread. On Friday, Texas Gov....
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MIL-OSI USA: Hill Awards Golden Fleece to State Department for Suspending the Processing of All Passport Applications 06/27/2020 MIL WASHINGTON D.C. — Rep. French Hill (AR-02) named the State Department as the latest recipient of the Golden Fleece Award for needlessly delaying more than 1.6 million passport applications. “While the State Department was quick to respond to the coronavirus’ outbreak at the beginning of the year, it made the wrong decision to suspend the processing of passport appl...
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House vote backs D.C.-statehood bid 06/27/2020 Arkansas Democrat Gazette WASHINGTON -- The U.S. House of Representatives voted 232-180 Friday to make most of the District of Columbia a state, the first time such legislation has passed either chamber. Nineteen Republican lawmakers did not vote. All four members of the Arkansas delegation voted against making the district the nation's 51st state. The city's mayor, Muriel Bowser, waved her hands above her head in celebration, once passage was secur...
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Congress Vetting Retired Gen. Joe Dunford to Chair Commission Overseeing Lending Programs 06/25/2020 Wall Street Journal WASHINGTON—Retired Gen. Joe Dunford is the leading candidate to chair an oversight commission charged with monitoring the government’s $500 billion lending effort to combat the economic fallout from the coronavirus pandemic, according to people familiar with the matter. The choice, made by House Speaker Nancy Pelosi (D., Calif.) and Senate Majority Leader Mitch McConnell (R., ...
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UCA gets grant for Bigelow school site 06/21/2020 Arkansas Democrat Gazette The University of Central Arkansas received a $634,594 grant from the Arkansas Natural and Cultural Resources Council to revitalize and preserve the Bigelow Rosenwald School. The school was built in 1926 through support from the Rosenwald Fund, which was created in 1912 by Booker T. Washington and Julius Rosenwald to provide money to help build state-of-the art elementary schools for black children across the South. "Ros...
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ANCRC grants $634,594 to revitalize Bigelow Rosenwald School 06/21/2020 The Log Cabin Democrat The University of Central Arkansas received a $634,594 grant from the Arkansas Natural and Cultural Resources Council (ANCRC) to revitalize and preserve the Bigelow Rosenwald School, which was built in 1926 through support from the Rosenwald Fund. The Rosenwald Fund, created in 1912 by Booker T. Washington and Julius Rosenwald, provided money to help build state-of-the art elementary schools for Africa...
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New bill would allow small businesses to get second PPP loan 06/18/2020 Yahoo Finance Certain small-business owners may be able to apply for a second Paycheck Protection Program loan if a new bill introduced on June 18 becomes law. The legislation, called the Prioritized Paycheck Protection Program (P4) Act, would allow businesses with fewer than 100 employees to apply for a second loan if they have used up (or are on pace to exhaust) their first PPP loan and can show a 50% loss in revenue due t...
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