Lawmakers to Move Within Days to Provide More Small-Business Loans


Lawmakers to Move Within Days to Provide More Small-Business Loans

WASHINGTON—Top lawmakers said they plan to move within days to provide hundreds of billions of dollars in new funding for small-business loans, citing widespread demand for assistance from firms hit by shutdowns related to the coronavirus pandemic.

Heavy requests for the previously approved $350 billion in loans are pushing Republican and Democratic lawmakers to consider augmenting the program less than two weeks after it became law. Treasury Secretary Steven Mnuchin said he had spoken with congressional leaders about providing…


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