COVID-19 Washington Update: July 6, 2020
July 6, 2020
Below, please find a summary of the federal government’s activities in response to COVID-19 since our July 1 update. Please note that in light of the Congressional recess, we will only publish updates on Mondays, Wednesdays, and Fridays for the next two weeks.
 

Congress

On Saturday, President Trump signed into law a measure extending the Paycheck Protection Program (PPP) application window through August 8, 2020. The bill passed both chambers last week, but not until after the application window closed June 30. The application portal reopened this morning.

In a press conference earlier today, Senate Majority Leader McConnell said he expects one more COVID-relief package when Congress returns after the current district work period. Any proposal put forward by Senate Republicans is likely to be far less-sweeping than the $3 trillion Heroes Act that passed the House in May – but may include similar provisions, such as additional state and local funding, as well as another round of direct payments to individuals. And, as Leader McConnell has suggested previously, the Senate’s proposal will include liability protections for businesses and other entities.

In a press statement regarding the administration’s PPP loan disclosures, Senate Small Business Committee Chairman Rubio (R-FL) said today, “… PPP and additional long-term recovery capital must be the priority for the next relief package.” He added, “I will continue to work with my colleagues on the small business task force to reach a bipartisan agreement on a targeted second round of PPP for underserved firms and additional resources for long-term resiliency.”

Last Thursday, the Senate unanimously passed the Protecting Nonprofits from Catastrophic Cash Flow Strain Act, authored by Senators Scott (R-SC), Brown (D-OH), Grassley (R-IA), and Wyden (D-OR). The bill would enable states to provide the CARES Acts 50% emergency relief to reimbursing employers without requiring nonprofits to pay their full bill first.

While neither chamber is in session this week, the House has a number of COVID-related hearings scheduled.

July 7:
 


July 8:
 


July 9:
 
July 10:
 
Recent Congressional Statements / Letters
 
Other Stakeholder Statements / Letters
   

Federal Reserve

 

White House / Agency Activity

White House
 
Treasury Department
 
Department of Labor
 
Department of Health and Human Services
 
Food and Drug Administration
 
Centers for Disease Control and Prevention
 
Department of Homeland Security
 
Department of State
 
Department of Housing and Urban Development
 
Federal Trade Commission
 
Environmental Protection Agency
   

State / Local Activity

Given the plethora of state and local actions, we recommend MultiState’s COVID-19 Policy Tracker as a comprehensive tool to monitor the response