News

SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in the Paycheck Protection Program

Release Date:  Thursday, May 28, 2020 WASHINGTON – Today, the U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development Financial Institutions (CDFIs).  CDFIs work to expand economic opportunity …

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Commerce Department Invests $10 Million in Florida to Support Business Recovery Efforts and Advanced Manufacturing

Hon. Secretary of Commerce Mr. Wilber Ross Commerce Department Invests $10 Million in Florida to Support Business Recovery Efforts and Advanced Manufacturing Investing in communities and workers Friday, May 29, 2020 Office of Public Affairs FORT PIERCE, FL – Today, U.S. Secretary of Commerce Wilbur Ross announced $10 million in Economic Development Administration (EDA) grants …

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Behind President Trump’s action to protect America’s food supply

President Trump is using the Defense Production Act to ensure that Americans have a reliable supply of beef, pork, and poultry during the global Coronavirus pandemic. Food supply is critical infrastructure, essential to the health and safety of every American citizen. Recent actions in some states have led to the complete closure of large processing …

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The President of the United States, Donald Trump Says

The President of the United States, Donald Trump Says Decision on Reopening Economy ‘Will Be Made Shortly’ President Donald Trump said Monday that he plans to make a decision on reopening the American economy “shortly” and that he, and not the individual state governors, has the power to decide when it happens. “For the purpose …

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RELEASE FOR IMMEDIATE DISTRIBUTION

The U.S Minority Chamber of Commerce announcing new program of the U.S Custom and Border Protection to facilitate the importation of personal protective equipment (PPE) and other medical supplies responsive to the novel coronavirus disease (COVID–19) pandemic, waiving  some tariffs, but balks on broad relief. CBP Launches COVID–19 Site, Establishes Medical Supplies Team Washington DC. …

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