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Senate Republicans released their $1 trillion coronavirus relief package, which includes a cut of $400 to the enhanced unemployment benefit for Americans out of work from the COVID-19 crisis.
Senate Republicans and the Trump administration could not agree on the particulars of a proposal for coronavirus relief and are expected to announce a proposal early next week.
President Trump held a briefing to provide the Nation with an update on vaccines, testing and therapeutics, essential precautions, and reopening schools.
The Federal Reserve announced that nonprofits are to be included in its “Main Street” lending program that's designed to help small and medium-sized employers stay afloat during the coronavirus pandemic.
On July 15, Georgia Governor Brian Kemp signed an executive order extending COVID-19 restrictions and guidance for businesses and individuals through July 31, 2020. The latest order continues to require individuals with higher risk of severe illness to shelter in place and precludes local governments from adopting more or less restrictive measures relating to COVID-19.
An investigational vaccine designed to protect against COVID-19 prompted neutralizing antibody activity in healthy adults, according to interim results published online today. The ongoing Phase 1 trial is supported by the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health.
President Trump led a roundtable with teachers, administrators, and students from across the country to discuss the reopening of schools in America.
Somewhat unexpectedly this week, the U.S. Senate and House each passed an extension of the Paycheck Protection Program that would extend the loan program for coronavirus-impacted companies from June 30th to August 8th. To the extent the businesses follow the program's guidelines, the debts are forgiven. The President is expected to sign the legislation. The $669 billion program has approved more than 4.8 million loans. There remains an estimated $130 billion available.
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