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White House Signs PPP Extension

July 6, 2020

On July 4, 2020, President Trump signed S. 4116 into law. The bill extends the Paycheck Protection Program (PPP) application period to August 8, 2020. The U.S. Senate and U.S. House of Representatives passed the bill last week.   To read the statement from the White House, click here.

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House Passes PPP Extension

July 1, 2020

The U.S. House of Representatives just passed S. 4116, a bill that extends the Paycheck Protection Program (PPP) application period to August 8, 2020. The U.S. Senate passed the bill last night under unanimous consent. The bill will be sent to President Trump’s desk to be signed into law.

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U.S. House Select Committee on the Climate Releases Global Warming Plan

July 1, 2020

The House Select Committee on the Climate Crisis has released an extensive plan to help curb global warming, with an ambitious goal of reducing human-caused greenhouse gas net emissions to zero by 2050, beyond which the U.S. would become a net absorber of CO2 from the atmosphere. The plan, “Solving…

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White House Announces First Day of USMCA into Force

July 1, 2020

Per the White House: Today, Wednesday, July 1, the United States-Mexico-Canada Agreement (USMCA) enters into force. More North American Auto Content: Under USMCA’s rules vehicles must be built with at least 75 percent of parts made in North America in order to qualify for zero tariffs, up from 62.5 percent…

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U.S. House Committee Holds Hearing on the EIDL

July 1, 2020

The U.S. House Committee on Small Business convened a hearing entitled, “The Economic Injury Disaster Loan Program: Status Update from the Administration.” Per the hearing notice from the committee, Mr. Rivera is responsible for the implementation of the Economic Injury Disaster Loan (EIDL) program, and the hearing will explore the…

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