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CSPAN3 Treasury Secretary Small Business Administrator Testifies On CARES Act July 12, 2024

Todays hearing on had committee of Small Business and entrepreneurship will come to order, and i want to thank everyone for joining us here today. I want to thank you both for being here though far away. And all the members for being here today. This is our first opportunity to hear from both of you about the enactment of the cares act in particular as it applies to Small Business. The cares act is landmark legislation. In less than 2 Weeks Congress passed the largest Economic Relief package in our nations history. And now after the passage of two further reforms the Paycheck Protection Program is the largest component of the Economic Relief ....

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CSPAN2 Treasury Secretary Mnuchin Discusses Coronavirus Pandemic Reopening... July 13, 2024

Mr. Secretary, thank you for joining us this morning. I want to get right to the news. 2. 4 million new jobless claims of unemployment this morning, several Senate Republican said yesterday they want to see some action now on the next relief package. Is another package necessary and if so, when. Well, let me comment first of all, im very sympathetic to the people who are not working at no fault of their own because we close down the economy and as we slowly reopen the economy in a safe way we will get people back to work. In the current cares package there is several parts of it that are designed to help those American Workers. One is the ppp and getting people back to work through that process. The other is the Economic Impact payments which are the direct payments and finally be enhanced on employment insurance. ....

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CSPAN2 Treasury Secretary Small Business Administrator Testifies On CARES Act July 12, 2024

Washington journal program. Go through our social media feed. Cspan, created by americas Cable Television companies as a Public Service and brought to you today by your television provider. Cherry treasury secretary Stephen Mnuchin and carranza testified on the implementation of the cares act corona virus relief law. The Small Business Committee Members asked about the rollout and the effectiveness of the Paycheck Protection Program referred to as ppp. [inaudible] todays hearing on this committee on Small Business and entrepreneurship will come to order and i want to thank everyone ....

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CSPAN2 Treasury Secretary Mnuchin Discusses Coronavirus Pandemic Reopening... July 13, 2024

People who are not working at no fault of their own because we close down the economy and as we slowly reopen the economy in a safe way we will get people back to work. In the current cares package there is several parts of it that are designed to help those American Workers. One is the ppp and getting people back to work through that process. The other is the Economic Impact payments which are the direct payments and finally be enhanced on employment insurance. We do need to fix where in certain cases we are paying more than they made so we need to fix that. We will carefully review the next few weeks and i think there is a strong likelihood we will need another bill but we just have three chilean dollars we are pumping into the economy and will step back for a few weeks and think clearly how we need to spend more money and if we need to do that. As you know, mr. Secretar ....

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CSPAN Treasury Secretary Mnuchin Discusses Coronavirus Pandemic Reopening... July 13, 2024

Mr. Secretary, thank you for joining us this morning. I want to get right to the news. 2. 4 million new jobless claims of unemployment this morning, several Senate Republican said yesterday they want to see some action now on the next relief package. Is another package necessary and if so, when . Well, let me comment first of all, im very sympathetic to the people who are not working at no fault of their own because we close down the economy and as we slowly reopen the economy in a safe way we will get people back to work. In the current cares package there is several parts of it that are designed to help those American Workers. One is the ppp and getting people back to work through that process. The other is the Economic Impact payments which are the direct payments and finally be enhanced on employment insurance. ....

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