Treasury Secretary and Small Business Administrator Testimony on CARES Act
2020-06-10T10:02:19-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYjY2XC8yMDIwMDYxMDEwMDY1NTAwM19oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza testified before the Senate Small Business Committee on the implementation of the CARES Act coronavirus relief law. Committee members asked about the rollout and efficacy of the Paycheck Protection Program (PPP) and the use of the SBA’s Economic Injury Disaster Loan (EIDL) program, which lawmakers of both parties agreed were major stabilizing factors in the economy, keeping many businesses afloat and employees on the payroll. Senators also asked about some of the glitches in the CARES Act and what further action Congress could take with additional relief legislation.
Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza testified before the Senate Small Bu… read more
Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza testified before the Senate Small Business Committee on the implementation of the CARES Act coronavirus relief law. Committee members asked about the rollout and efficacy of the Paycheck Protection Program (PPP) and the use of the SBA’s Economic Injury Disaster Loan (EIDL) program, which lawmakers of both parties agreed were major stabilizing factors in the economy, keeping many businesses afloat and employees on the payroll. Senators also asked about some of the glitches in the CARES Act and what further action Congress could take with additional relief legislation. close
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People in this video
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- Tammy Duckworth U.S. Senator (Class 3) [D] Illinois
- Mazie Hirono U.S. Senator (Class 1) [D] Hawaii
- James M. Inhofe U.S. Senator (Class 2) [R] Oklahoma
- Edward J. Markey U.S. Senator (Class 2) [D] Massachusetts
- Rand Paul U.S. Senator (Class 3) [R] Kentucky
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- Todd Young U.S. Senator (Class 3) [R] Indiana
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