“Much of the $350 billion in the Small Business Administration’s emergency coronavirus relief fund was effectively spoken for within the first minutes of launch,” NBC News reports.
Said a JPMorgan Chase executive: “We didn’t even get through the first five minutes of applications.”
Key takeaway: “An estimated $1.8 trillion may ultimately be required to meet the needs of small business owners.”
ABC News: Pelosi signals bipartisan deal “very close” for relief on small business fund.
?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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A new game every day.