Tag: community development financial institutions
rom his post as chairman of the U.S. Senate Small Business and Entrepreneurship Committee, U.S. Sen. Marco Rubio, R-Fla., urged Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), and U.S. Treasury Sec. Steven Mnuchin to provide immediate guidance and expedite approvals to ensure Community Development Financial Institutions (CDFI) .
With Marco Rubio’s, Rick Scott’s Support, Senate Approves $484 Billion More in Coronavirus Stimulus...
The Senate approved the measure on voice vote. The U.S. House is expected to approve the measure on Thursday. President Donald Trump has said he will back this latest relief effort.
At the end of last week, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, sent a letter to U.S. Small Business Administration (SBA) Administrator Jovita Carranza and U.S. Treasury Sec. Steven Mnuchin detailing a number of procedures and guidance that should be clarified within the Paycheck Protection Program.