With the country having passed a grim milestone Wednesday with the 100,000th death from coronavirus, the US House of Representatives will vote today on bipartisan legislation to provide additional flexibility under the March 27 CARES Act’s Paycheck Protection Program (PPP) for businesses reeling from the economic shutdown. For perhaps the first time since the pandemic … Continue Reading
A tacit consensus seems to be emerging in Washington DC that another major federal COVID-19 relief package will be enacted this summer, but not negotiated until some time in mid-to-late June, as deadlines for the expiration of key CARES Act relief programs begin to loom. Republicans are testing the viability of economic measures that could … Continue Reading
Our global Public Policy Practice meets several times a week to examine the profound and transformative effect of COVID-19. We bring a sharp focus to how our multidisciplinary team can counsel our clients in responding to the pandemic. During a recent call, we asked our colleague and former US Ambassador Frank G. Wisner to comment … Continue Reading
The US House of Representatives returns to Washington this week, but negotiations aimed at forging a bipartisan consensus on the next federal COVID-19 response package are still weeks away. The Memorial Day holiday weekend brought a surge of activity by Americans who have been in lockdown for months and are yearning for a return to … Continue Reading
Speaking at a pre-Memorial Day event hosted by The Hill, US Treasury Secretary Steven Mnuchin said it will be “a few weeks” before the Trump Administration moves to negotiate with Congress on another large-scale coronavirus response bill, while conceding there is “a strong likelihood” such legislation will eventually be needed to support the struggling American … Continue Reading
The legislative process in the US Congress is beginning to take on a more familiar look as policymakers work to shape the next steps in the federal response to COVID-19 and the resulting economic crisis. The US House of Representatives will be back in session again next week, albeit with temporary proxy voting measures in … Continue Reading
The timing and scope of the next steps in the federal legislative response to COVID-19 and the resulting economic crisis remain an open question, as the US’ top monetary policy official declined to take a side Tuesday in the escalating partisan debate over how swiftly the US Congress must deliver additional aid.… Continue Reading
The US Senate is in session this week, focusing on oversight of the US$2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act and what Senate Majority Leader Mitch McConnell (R-KY) calls America’s “pivot toward reopening.” Congressional Democrats will launch a national public relations campaign today in hopes of pressuring McConnell to consider the US$3 … Continue Reading
The US$3 trillion Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act passed the US House of Representatives on Friday. The next moves in shaping the future of the federal legislative response to COVID-19 will be up to the White House and congressional Republicans, who control the US Senate and have expressed a desire to … Continue Reading
