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Steve Mnuchin

Senate reaches deal on Federal Reserve lending, clearing path for $900 billion aid package

This final roadblock allows Congress to pass a coronavirus relief deal and omnibus spending package.
December 21, 2020

Senate returns to Washington with no coronavirus aid package deal

The members of the U.S. Senate return to Washington D.C. on Tuesday for what is expected to be a tumultuous post-Labor Day stretch. Negotiations on another coronavirus relief package failed before the Senate recessed in early August and, as of Monday, there were no signs that the impasse has been resolved with the November elections … Continued
September 8, 2020

Group releases plan for the survival of America’s small businesses

The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, issued a “Legislative Plan for Small Business Survival,” that included ten prescriptive recommendations they claim would help ensure more small businesses survive the coronavirus crisis and more quickly return to normal business operations once restrictions are lessened. “Small businesses, which account … Continued
April 20, 2020

Task force looks at reopening state economy

Lt. Gov. Will Ainsworth announced Thursday that the Alabama Small Business Commission Emergency Task Force has formed a subcommittee on reopening the state’s economy and plans to present a plan to Gov. Kay Ivey and State Health Officer Dr. Scott Harris by April 17. “Reopening Alabama’s economy and getting businesses back to work will not … Continued
April 10, 2020

The White House and Senate reach deal on a stimulus

Early Wednesday morning, the White House and Senate leaders finally reached a deal on a massive stimulus package they are hoping can keep the American economy from falling into a deep recession due to the government-imposed economic shutdown to deal with the growing coronavirus threat. The final version of the Senate bill comes with a … Continued
March 25, 2020

Jones says of stimulus bill, “We are going to get this done”

U.S. Sen. Doug Jones, D-Alabama, said Monday, “We are going to get this done,” when talking about a stimulus bill that both parties agree is needed to avoid an economic meltdown from the shutdowns that have been ordered by authorities to slow the spread of the coronavirus. “We’ve made a lot of progress in the … Continued
March 24, 2020

Alabama Republicans upset with Jones’ “no” vote on coronavirus stimulus bill

Alabama Republican leaders on Monday condemned U.S. Sen. Doug Jones’ procedural vote to prevent the coronavirus stimulus bill from coming to a vote. On Sunday, Democrats blocked action on the comprehensive stimulus package — the third of the legislative response to the coronavirus outbreak. The bill is still being negotiated and the vote was not … Continued
March 24, 2020

Trump signs coronavirus response legislation supported by Shelby, Jones

The U.S. Senate passed H.R. 6201, the Families First Coronavirus Response Act, Wednesday. President Donald Trump promptly signed the bipartisan legislation. The legislative package unlocks billions of dollars in funding to combat the Coronavirus and provides further relief for families, businesses and industries negatively impacted by the COVID-19 outbreak. Both U.S. Senators, Richard Shelby and … Continued
March 19, 2020

Sewell votes for the Families First Coronavirus Response Act

Congresswoman Terri Sewell, D-Selma, on Saturday commended the House passage of the Families First Coronavirus Response Act. The package includes many provisions to protect workers and stimulate the economy during the COVID-19 Coronavirus public health crisis. “In the face of this ongoing pandemic, it is critical that the federal government is providing Alabama families with … Continued
March 16, 2020