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The White House and U.S. Department of the Treasury on Monday announced how much money states and cities would see from coronavirus relief funds, including for Mississippi.
The funding, already approved by the Congress as part of the American Rescue Plan Act, is meant to supplement economic losses at the height of the pandemic last year.
The state of Mississippi will see just over $268 million in funding, according to the treasury department. The funding is part of a total $19.5 billion package to help state governments recover from expenses related to the pandemic
Mississippi s largest cities will see an allocation of over $100 million, which is part of a separate $45.6 billion dedicated to cities across the country.
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The U.S. Department of the Treasury on April 26, 2021, announced
that it will hold an information session on the State Small
Business Credit Initiative (SSBCI) on May 13, 2021, from 2 to 3
p.m. ET and a tribal consultation on May 27, 2021, from 2 to 5 p.m.
ET. Interested parties may register for the May 13 SSBCI information session and/or the May 27 SSBCI tribal consultation session.
Section 3301 of the American Rescue Plan Act (Pub. L. 117-7)
reauthorizes and amends the State Small Business Credit Initiative
Act of 2010 to provide resources to tribal governments named in the
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The U.S. Department of the Treasury on April 26, 2021, announced that it will hold an information session on the State Small Business Credit Initiative (SSBCI) on May 13, 2021, from 2 to 3 p.m. ET and a tribal consultation on May 27, 2021, from 2 to 5 p.m. ET. Interested parties may register for the May 13 SSBCI information session and/or the May 27 SSBCI tribal consultation session.
Section 3301 of the American Rescue Plan Act (Pub. L. 117-7) reauthorizes and amends the State Small Business Credit Initiative Act of 2010 to provide resources to tribal governments named in the annually published list required by the Federally Recognized Indian Tribe List Act of 1994 (25 U.S.C. 5131) to support small businesses. Traditionally, state and local governments have used the SSBCI to provide a number of services to small businesses, including, but not limited to, capital and loan guarantees.
US Treasury names green financier as climate ‘czar’
Reuters, WASHINGTON
The US Department of the Treasury on Monday named climate change financial adviser John Morton to head the department’s new “climate hub,” disappointing activists who had sought a strong regulator to push financial institutions toward green investments.
John Morton, a partner with climate change advisory and investment firm Pollination Group, would work to foster green finance, and use tax policy and financial risk assessments to help reduce carbon emissions as climate counselor to US Secretary of the Treasury Janet Yellen, the department said.
Morton brings more than 25 years of experience in emerging markets, investment finance, and economic and environmental policy, it said.
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