San Francisco, CA… Yesterday, Pacific Gas and Electric Company (PG&E) announced it will contribute $1.25 million in 2021 to nonprofit organizations assisting vulnerable individuals, families and communities, as well as small businesses, as they cope with the ongoing impacts of the COVID-19 pandemic. Contributions will support nonprofits focused on food insecurity, support for minority- and […]
Washington, DC… The House and Senate have passed the American Rescue Plan and President Biden looks forward to signing it into law this week. How Working Americans Will Receive Their Direct Payments: The Treasury and IRS are working to ensure that we will be able to start getting payments out this month. And the IRS […]
The package, passed by the Legislature this week, builds on the initiatives in the Governor’s January state budget proposal to provide cash relief to lower-income Californians, increase aid to small businesses and provide license renewal fee waivers to businesses impacted by the pandemic. In addition to these measures, today’s action will commit additional resources for […]
Washington, D.C…. A Texas engineer pleaded guilty today for filing fraudulent bank loan applications seeking more than $10 million dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Acting Assistant Attorney General Nicholas L. McQuaid of the Justice Department’s Criminal Division, Acting U.S. […]
Washington, D.C…. Joe Biden signs orders for strengthening Medicaid and The Affordable Care Act, as well as an order to protect Women’s Health. 1:43 P.M. EST THE PRESIDENT: Since we are socially distanced, I think I can take my mask off to make this very brief announcement. I know that you’ve been briefed by the […]
Sacramento, CA… As millions of Californians struggle to make ends meet as a result of the COVID-19 pandemic, Governor Gavin Newsom today announced two immediate action items in his 2021-22 State Budget proposal to help low-income Californians. First, the Golden State Stimulus would provide a $600 rapid cash support directly to roughly four million low-income […]
Sacramento, CA… Governor Gavin Newsom today previewed his Equitable Recovery for California’s Businesses and Jobs plan, the business and workforce recovery elements of his 2021-22 State Budget that will help California through the COVID-19 pandemic and advance an equitable, broad-based recovery. Watch the Governor provide a brief overview of his Equitable Recovery for California’s Businesses […]
Washington, D.C….To the house the representatives: I am returning, without my approval, H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021 (the “Act”). My Administration recognizes the importance of the Act to our national security. Unfortunately, the Act fails to include critical national security measures, includes provisions that fail to respect our veterans […]
Washington, DC…Speech in Support of H.R. 266 – Paycheck Protection Program Replenishment on April 23, 2020 Madam Speaker: When we passed the Paycheck Protection Program, I warned that serious flaws would deliver a windfall to businesses that do not need it, at the expense of those that do. That is exactly what happened, exhausting the […]
New York, NY…Coronavirus Fever Melts Dow For Another Day. The Down Jones Index dropped over 1,100 points and ends session down −1,190.95 to 25,766.64. If China can be seen as moving beyond crises downward pressure many slow tomorrow. Some Chinese factors are offering bonuses for workers to return to work.
