A top Trump economic adviser said 'it couldn't be easier' for his wife to get a bank loan from the troubled small business loan program
Chris Davis is so good at picking stocks he made clients $1 billion on a single trade. He breaks down 3 stocks poised to deliver as coronavirus causes market mayhem
"Larry Kudlow's wife is a small business owner and private citizen. Any speculation that there is something improper or nefarious taking place with her application is just false and more media spin," White House deputy press secretary Judd Deere told ABC News. The Trump administration and Democratic congressional leaders have recently sparred over replenishing the funding for the program, which is expected to run out as early as Thursday.
Democrats are seeking to add a layer of conditions for further spending on the program, such as requirements that some loans be directed toward minority-owned small businesses. that the Small Business Administration had already approved 1.4 million loans totaling $315 billion as of Wednesday evening.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus: UN chief rebukes Trump over plans to halt WHO funding - Business InsiderIf Trump halts funds, the World Health Organization could lose $400 million at a time when it's already seeking $1 billion to address the pandemic.
Read more »
Trump says Cuomo has been 'calling daily' begging for federal coronavirus aid - Business InsiderCuomo has asked for federal support in fighting New York's coronavirus outbreak, though Trump has blamed states for lacking the supplies they need.
Read more »
Trump task force to reopen the economy became phone calls with 200 corporate leaders - Business InsiderSome business leaders said they were invited at the last minute to participate, triggering confusion about the productiveness of the calls.
Read more »
Business Leaders Urge Trump to Dramatically Increase Coronavirus TestingIn the first meeting of President Trump’s task force to reopen the economy, banking and financial services executives said the administration needed to dramatically increase the availability of coronavirus testing before the public would be confident enough to return to work.
Read more »
Trump told testing is key to reopening during business panel callIn the first phone call convened between President Donald Trump and some members of his newly formed business council, industry leaders reiterated to the President what public health experts and governors have been telling him for weeks: that there would need to be guarantees of ramped-up coronavirus testing before people return to work, according to one person briefed on the discussions.
Read more »
Even Business Execs Think Trump Is Nuts to Reopen the Country Without Mass TestingTrump wants the country to get back to business as usual as soon as possible—but even business execs have warned him that isn't realistic
Read more »